target is bottom of channel
Keep in mind that most of these high risk high reward trades dont work out. but when they do they pay for the small losers... keep risk small
in the middle of 3 different C to D legs, giving us 3 targets
4 different ABC patterns all pointing lower.. looking to take profit at extension confluence area
Looking to take a small long here and will scale out along the way if it acts right by heading north. low risk/high reward longer term trade