In an upward channel. Would like to see a test of either side before trading on the daily time frame.
A shorter term ascending trend line as been broken, a close below that would initiate a short on a smaller time frame.
Next is to look at a shorter time frame for the trade setup.
A shorter term ascending trend line as been broken, a close below that would initiate a short on a smaller time frame.
Next is to look at a shorter time frame for the trade setup.
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