at the bottom of the channel and currently just above a solid support. I guess it is worth to give it a try with a tight SL below the support area(red box). Market is good nowadays and it seems a breakout is about to happen. No doubt ROSE will start another run to the upper line of the channel.
NOT A FINANCIAL ADVISE
NOT A FINANCIAL ADVISE
Comment:
ROSE touched my top trend and all my targets have been achieved. End of the analyze.
Trade closed: target reached
Now expect consolidation before another run. Long as rising trend(white) holds I am expecting 0.40$-0.50$. I will stop my Rose if white trend line fails and will look for safe entry above red support box