Since the major sell-off of last week, BAL is regaining some lost ground. On the H1 chart, a clear channel pattern is visible. It's, contrary to most channels, not a big channel spanning over several weeks. This channel is produced in a week, which makes this trade a trade with a short time-span.
Assuming the channel will hold, the current all-time-high will be a great target, achievable in a couple of days.
Happy trading!
Assuming the channel will hold, the current all-time-high will be a great target, achievable in a couple of days.
Happy trading!
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