Likely a move towards the channel top is expected, on the 8 hour a pinbar is forming. If price moves further up for a higher high a good conservative 1:2.7 RR ratio trade can be made
Trade active
And we're off!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.