2 scenarios, option 1 is in orange. itll break thru the resistance and go for the purple targets. or option 2 itll reject from resistance at about 10% and come back to support before going to the purple targets. set stoploss below the previous swing low which is in red. this is not a fast trade. it looks like itll be about a 2 month hold
these targets are not...
so we have a parallel channel here. as you can see in the beginning of the parallel channel it came down a bit, went up a bit and back down to the bottom. that is what i think will happen again. thats gonna be a tricky one so i would try to play that. just wait till it hits the bottom where my yellow lines are. those are buy targets. and the purple lines are sell...
