I usually trade on the 4H but I am showing this on the 1D to see the horizontal channel in relation to the falling and rising trendlines. The two trendlines are converging near the top of the channel. I will look for break downwards across the trendline and a break in the RSI trendline on the 1D chart. There are a few major economic events coming up to so we have to be careful of those – one on 29 Nov and two on 4 Dec.
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