Nasdaq Future parallel channel

Hi bros. I found parallel channel in nasdaq future.
If it reaches entry level, it's a good chance for short position.
Good luck.
Thank you.


Entry : 7056
Stop Loss : 7168
TP#1 : 6727
TP#2 : 6342

Kommentera:

It reaches the top of the channel faster than I expected.

So I selled 7480(cme 7080), which is more expensive than the entry price

Trade stängt manuellt:

A hammer candle came out near the bottom channel in IXIC chart. In earlier candles, the hammer candle meant reversal. So I closed the positions.