Cos has been moving in this channel since july.
At this moment it's near the lower trendline and that's a great buying opportunity, because that's where you can buy and put your stoploss close.
Putting your stoplimit close is important, because of course there always is a chance that price action could break below the line and if it does, then this idea will be invalid.
At this moment it's near the lower trendline and that's a great buying opportunity, because that's where you can buy and put your stoploss close.
Putting your stoplimit close is important, because of course there always is a chance that price action could break below the line and if it does, then this idea will be invalid.