- Price has reached resistance
- Price could still reach the upper channel before continuation
- Determine if you would like to set pending orders or wait for confirmation
- If price enters the range of 0.98035 – 0.98240, then we have confirmation for a short entry
- Long pending order options: 0.98240
- Short pending order options: 0.98035
- Our target range for the short entry is: 0.97425 – 0.96834 – SL: 0.98260
- Our target range for the long entry is: 0.98607 – 0.99419 – SL: 0.98000
- Use trail stop for maximum pip potential
Video Analysis
password: slicktrade
Cheers to another successful week!