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Long, rising trend channel on the weekly chart
UU., W
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UU.: Long, rising trend channel on the weekly chart
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Hi all, I only take positions on the daily/weekly chart when trading equity as they are not open 24/7 and I find my win rate is higher historically. I have taken this setup. Reasons to go long - 200 MA is being respected - support at 889 level - ascending channel touches support level at the 889 level - candle on the 12/12/2016 broke above previous weeks ...
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