IDENTIFY: Price is in the buyer's territory and potential break of the descending channel.
PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish)
TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback.
NB: Use risk management to determine the Stop Loss and Take Profit
PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish)
TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback.
NB: Use risk management to determine the Stop Loss and Take Profit