On the hour chart the trend started on August 28 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 16.83
But we should not forget about SL = 15.18
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
There is a high probability of profit taking. Possible take profit level is 16.83
But we should not forget about SL = 15.18
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
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