KEY has reached the support trendline of the channel for the fourth time. I expect it to rebound and go upward. The risk to reward is about 3.5, which is not super good, but I feel confident about this trade. If it does follow the channel well, my stop-loss will move higher and higher and risk will decrease. Otherwise, my stop-loss is at $9.90. It's intentionally below $10.00 which may be a natural support region.
Trade aktif:
Took partial profits at $12.45
Trade aktif:
Didn't reach as high as I expected. It is currently at a support line so I'll add on to my position
Trading ditutup secara manual:
Looks like the channel is breaking down