LuxTradeVenture

Channel Trading On Luna 11/04/2022

BINANCE:LUNAUSDT   Luna / TetherUS
Channel Trading consist of price fluctuating between two parallel lines which forms the channel.

We look to buy when price is bouncing off the trendline connecting the Hl and look to sell when on the upper trendline connecting the HH

I wont speak too much on Channel Trading but if so please drop a comment.

We have the bearish set ups on the left side of the screen with the bullish set ups on the right side.

The green bubbles produced long entries whereas the purple bubbles produced short signals.

LUNAUSDT

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