Assuming this channel holds, there are some nice scalps to be had a long the way. As long as we don't break, I will play the incoming long and add to my position on retracements. I expect a fairly sleepy weekend until we break above the 312 hour EMA and then rebound off of it to exit the channel.
Trade active:
Entry point reached, as well as a nice average down entry point. We ran down faster than I'd expected, but this works too. Off to the green path we go. C'mon baby ... taste that fucking rainbow.
Trade closed: stop reached:
Channel no good. Built on too little data with blinders on. Next trade.