We have been shorting the channel for 2 months already, but not so long ago we deviated from the set channel rate and fixed above 9000$, and could not reach the goal of 8500-8700$
Today we ran into the upper boundary of the channel and for the second time we are trying to break through, will we be able to do this?
It’s quite possible, a lot of short players gained in a large amount of time
Short from the border of the channel will be the right decision, because the trend is approaching and you can calmly set a short stop and not be afraid.
I am still more inclined towards the long scenario and this is my personal opinion, I see no reason to return again to the zone of $ 9000-9100 and there again to flat
p.s (after breaking through the channel, the trend changes to long)
What do you think?
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Today we ran into the upper boundary of the channel and for the second time we are trying to break through, will we be able to do this?
It’s quite possible, a lot of short players gained in a large amount of time
Short from the border of the channel will be the right decision, because the trend is approaching and you can calmly set a short stop and not be afraid.
I am still more inclined towards the long scenario and this is my personal opinion, I see no reason to return again to the zone of $ 9000-9100 and there again to flat
p.s (after breaking through the channel, the trend changes to long)
What do you think?
Write comments, like if you liked the review
In the moment we observe a rollback, until I can give a clear analysis, we will observe