koushikbose97

koushikbose97

An overall uptrend in the channel however 2 scenarios, first continues uptrend till the end of the channel chances of reversal on 78%fib level

koushikbose97

reversals across the channel signaling bullish trend open 3 positions, take profit on each fib levels. However, keep track of the trade as there maybe chances of reversal on 38% fib level. update your stop loss according to the trade, keeping stop loss close to 40 pips below the ongoing rate

koushikbose97

3 times rejected from the support line signaling bullish reversal open 3 postions Take profit on each fib levels

koushikbose97

3 times rejected from the support, signalling bullish reversal, open 3 buy positions, take profit in each fib levels. stop loss 40 pips below previous low.