US30 - channel progress and regression line being tested

Updated
PA is currently filling an uptrend channel. PA has been supported by lower channel side and is currently testing the 3/4 lower regression line. If it breaks it, I expect the PA to join the middle line.

  • Idea is to open a long entry as soon as the intermediate line is broken.
  • TP around the middle line level.
Trade active
Trend broke the line and is moving towards the center line as expected.

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