As momentum starts to slow down and the MACD diverges I think that we may have a weakness giving us a short opportunity. My idea on attacking this one would be to wait for a double top or the price to leave the chanel and than to look for an entry.
Trade active:
Going my way for now. :)
Comment:
TP1 Reached. Stop is at break even.
Trade closed: stop reached:
Got a break even on the secon position.