The channel from the previous post (bold white lines) still looks pretty good, although the top line was a little low. Now that we are near the bottom side of the channel, this is a relatively low-risk entry for a long. The ideal entry point would be below the bottom trendline
, but anywhere from 1760-1775 should work out fine.
Target is the top trendline
, while a break below 1750 with substantial volume
would invalidate the trade and signal a stop loss.