i will take a long position on exiting the blue channel to the upside, target green tl for a couple of 100 pips eventually sl will be inside blue channel
Comments
AlexWasHere
⋅
What makes you go long here? Could you please explain?
jimmy_highwire
⋅
not long yet ;-)...... the blue channel looks as a bull flag to me , some would even say it is a cup and handle in the making
when GJ comes out of the blue channel to the upside i will take position
hope that is a satisfying answer ;-)