Description
⋅ Traders,
On the daily chart, we can see what other traders called same movement or AB=CD is about to happen.
But according to our strategy, its simple that channel reflection is about to appear by hitting the blue channel.
Nothing fancy but just a basic channel ABC strategy on daily chart to see a direction, then check with 4h chart or 1h chart to find the entry and tps.
Less is more!
Comment
⋅ the best entry to long trade was on last Friday.
Comment
⋅ Comment
⋅ On this 4H chart above, EJ has a double top and rehit the ascending channel by several red candles.
This is a sign for short trade.
Short it for possibility of 300 pips from 123.99-121.
Trade active
⋅ short trade entered 125.2
Comment
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