In our weekly watchlist, the plan was to trade within the range — taking positions from the top of the channel down to the bottom.
If you’re already in a position, you should hold it toward the channel’s lower boundary.
If you’re still waiting for a trigger, a trendline break can provide a solid entry signal.
For now, the price is heavily interacting with the channel’s upper boundary, and as long as this level hasn’t been broken and confirmed above, we remain sellers.
If you’re already in a position, you should hold it toward the channel’s lower boundary.
If you’re still waiting for a trigger, a trendline break can provide a solid entry signal.
For now, the price is heavily interacting with the channel’s upper boundary, and as long as this level hasn’t been broken and confirmed above, we remain sellers.
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