Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
The price action is travelling between a parallel channel. After the formation of the double top at the resistance level the price has fallen to the support area. It is expected the price action will take a pullback and move upwards.
Bullish Trend Is Still Intact. (careful for your levels)
SL & TP Levels are defined.
Dow Theory In Place - Higher High and Higher Low Expected in Place
The price action is travelling between a parallel channel. After the formation of the double top at the resistance level the price has fallen to the support area. It is expected the price action will take a pullback and move upwards.
Bullish Trend Is Still Intact. (careful for your levels)
SL & TP Levels are defined.