Another nice channel

as we can see, price goes up right now.

I suppose it will continue to the top of that channel, and if we are lucky, even break out (resistance was tested four times already!).

I will jump in on this one, since it seems to be a good classical channel.

Any comments, suggestions?

Comment:

getting there

Comment:

The channel continues... Good job

Comment:

BOOOHHHJAAAA

Time to take profits =) Lots of profits =)

Trade closed: target reached:

la la la la la la

taking my profits and I am outta here ;-)

Comment:

Well.. It broke out of that channel and is on the way up for now. Be cautious though, we are in a longterm downtrend!