Trading against the trend. Instead of looking for pullbacks to zones on smaller timeframes I am looking to see if it will go up all the way to the top of the descending channel. As highlighted, when the market has come to the bottom of the channel there is an increase in volume followed by a move to the upside.
Comment:
SL moved to give it more space
Trade closed: stop reached:
R.I.P
Comment:
Seems like my original trading plan is +1 up compared to this