Now that it is in an ascending channel in the 1-hour time frame
I am looking for a good position for LONG
There are two scenarios in this trend
1. If the price goes back down, I enter a LONG position from the bottom of the ascending channel on the lower blue range.
2. If the price breaks the ceiling of the ascending channel, I will enter a LONG position after the pullback
I am looking for a good position for LONG
There are two scenarios in this trend
1. If the price goes back down, I enter a LONG position from the bottom of the ascending channel on the lower blue range.
2. If the price breaks the ceiling of the ascending channel, I will enter a LONG position after the pullback