The tight stop at the blue down ward trend line proved useful. Nice profit from top of the channel to this point. the RSI has broken through its trend as well. MACD still waiting. Whilst a move to the bottom of the channel is still likely - looking for the next resistance (the long blue line above the current price) as the potential entry.
The tight stop at the blue down ward trend line proved useful. Nice profit from top of the channel to this point. the RSI has broken through its trend as well. MACD still waiting. Whilst a move to the bottom of the channel is still likely - looking for the next resistance (the long blue line above the current price) as the potential entry.
