AUDUSD on the 1H time-frame.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Will open BUY ORDER at the upper channel and TP at the lower channel.
3. Will open SELL ORDER at the lower channel and TP at the upper channel.
4. Stop loss when the price breakout the channel.
Steps:
1. The price is moving in the parallel channel of downtrend.
2. Will open BUY ORDER at the upper channel and TP at the lower channel.
3. Will open SELL ORDER at the lower channel and TP at the upper channel.
4. Stop loss when the price breakout the channel.