As you can see on the chart the pair has been moving and respecting the upward channel for a while now
Trading the channel you must follow a very simple rule enter when retests one side of the channel
Take Profit when it touches the other side of the channel
In this case entry on the supports after retest
Exit the other side of the channel
Trading the channel you must follow a very simple rule enter when retests one side of the channel
Take Profit when it touches the other side of the channel
In this case entry on the supports after retest
Exit the other side of the channel