Price is currently at the bottom of the Daily channel
It will now do one of two things
1. Bounce up for another leg
2. Go south for a big move
Either way wait for the flag before opening any positions
Good Luck
Steve
It will now do one of two things
1. Bounce up for another leg
2. Go south for a big move
Either way wait for the flag before opening any positions
Good Luck
Steve
Comment:
OK so it has gone back into the channel - now wait for the correction and buy
Comment:
Correction must look like a "flag" any other move down could be a retest of the channel
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