Ranging Trend Channel - At the bottom

As you can see we have been ranging on the 4 hour for a month or more now. We do happen to be in a Daily down trend, but we are due for a pull back before more down and that is where I plan to capture one last long before more down.

Trade active:

Entry @ 76.59
SL @ 76.40
TP @ 78.50

Trade closed: target reached:

Took longer than expected and had to babysit the stop back when I entered in, but overall the sideways action always gets me bored. Hard to stay in if using larger positions.