Going back up the channel

NYMEX_MINI:QG1!   E-mini Natural Gas Futures
Place an open stop order at 1.655 to go long on QG futures . This price is one tick above the high of the day before, which should signal a sharp move up in the next couple of days. With this signal coupled with the bottom of the channel, signals a potential bullish reversal. Place open position at 1.655 and ride it up for the next move. If the price breaks the bottom of the channel expect a sharp falloff.


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