On the H4 chart the trend started on Dec. 8 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 160.18
But we should not forget about SL = 153.08
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit taking. Possible take profit level is 160.18
But we should not forget about SL = 153.08
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading