On the hour chart the trend started on August 7 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 30.65
But we should not forget about SL = 27.71
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 30.65
But we should not forget about SL = 27.71
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