in daily time-frame there is a resistance area.
in 1h time-frame after a heavy up-trend, price created a down-trend channel.
if the down-trend channel breaks up, we can go long after pull-back and wait for breaking up the daily resistance area.
1st TP and stop loss shown on chart.
in 1h time-frame after a heavy up-trend, price created a down-trend channel.
if the down-trend channel breaks up, we can go long after pull-back and wait for breaking up the daily resistance area.
1st TP and stop loss shown on chart.
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