I entered a short position just after price got rejected at the top of the channel on the 1D I am currently at a profit of £25.. half way to TP1, stop loss has been moved to break even however had my stop at the top of the bullish tail.. hold position until I reach TP1 and wait for the retracement.
Trade closed: target reached:
Closed half the trade at TP1 giving a profit of £44