For short term trade go long inside channel near lows with profit target at channel high and stop loss below recent low.
Order cancelled
Price broke down and never went to recent bar high as shown on chart.Note
This trade became an A down trade after trading below the A value line of 1.2000 for a minimum of 15 minutes, or half the time of our Opening Range. With bias to the downside we would enter a short position with a stop loss at the Opening Range high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.