The channels show you the way to go.
These are my trades so far today.
The first one I exited for a small loss when the upper channel dipped below the HH of the lower channel but I reentered as the way still seemed to be up.
The next two I took short scalps, exiting where I felt it may bounce.
The last seemed a good breakout trade so I held it until the upper channel dipped below the HH of the lower (red line). If the lower channel now closes above the low of the upper channel, I may consider reentering but it depends on PA and the fact that the lower channel is now showing magenta dots will be a deterrent.
These are my trades so far today.
The first one I exited for a small loss when the upper channel dipped below the HH of the lower channel but I reentered as the way still seemed to be up.
The next two I took short scalps, exiting where I felt it may bounce.
The last seemed a good breakout trade so I held it until the upper channel dipped below the HH of the lower (red line). If the lower channel now closes above the low of the upper channel, I may consider reentering but it depends on PA and the fact that the lower channel is now showing magenta dots will be a deterrent.
1