DislikedThanks Inthebox for your response, I have also done up EU as shown... did i draw correctly? I feel that the Channel 1 is in play now and might go to the TP as shown by the arrows before price comes down to put Channel 2 into play. {image}Ignored
analyze to trade trend or counter trend. probably counter trend gets one third or quarter of trend target.
good old trend is higher high higher low.
if in doubt on your reference chart, go one or two higher up chart.
d1 tells me in range. h4 tells me in range and in triangle. coming to apex for breakout.
price above h4 yellow dotted trend line, i shall buy only.
h1 watch out for downward sloping channel to buy.
ITB - Seeing Orderliness amongst 'Randomness'
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