DESCRIPTION: Market has rejected the uptrend trendline + 61.8% retracement with good momentum. If it doesn't break the parallel channel I will exit my position. Id it breaks the channel, I will add positions.
ENTRY: Trendline bounce. Adding positions if parallel gets broken.
TARGET 1: Previous High made.
TARGET 2: Next structure resistance + 127.2% Extension.
STOPS: Below previous Low and 78.6%.
ENTRY: Trendline bounce. Adding positions if parallel gets broken.
TARGET 1: Previous High made.
TARGET 2: Next structure resistance + 127.2% Extension.
STOPS: Below previous Low and 78.6%.
Comment:
STOPS placed @ BREAKEVEN
Comment:
STOPLOSS @ BREAKEVEN HIT