This is the third education series on Channel (link of Educational 01 and Educational 02 given below),
In this educational post, I cover up points that provide trades opportunity in a trending channel.
Steps To Follow: Step 1: Connect Two Higher High Points to Draw a Trendline Step 2: Connect Higher Lows points, take a buy call Step 3: Buy at pullback with additional indicators Step 4: Sell at 3rd touch point of Higher High with additional indicators Confirmation
I shall be sharing the examples on part 1 in next series.
What's Next:
1. How to identify trend with channels? 2. What is the right way to draw channels? 3. How to use Channels to find trades? ------------------------> NEXT 4. How to validate channel trades and manage risk? 5. Multi-time frame examples
Purpose: To educate retail traders like us, to make inform decisions and to become profitable in long run.
I WOULD APPRECIATE IF YOU COULD SHARE YOUR CHANNEL DRAWINGS IN COMMENT BELOW SO THAT I WOULD BE SURE THAT YOU FOLLOW WHAT IS BEEN POSTED AND WILL SET ME UP TO PROVIDE GREATER DETAILS IN NEXT ONE"
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