Trend trade on DO
Why I like this idea:
1. Strong, healthy bullish market structure(higher highs, lower lows for months)
2. Well defined channel
3. Obeying fib retracements well
5. Weekly pivot S1 as support at entry, s2 as support around stop loss
6. Confluence of fib retracements
Entry: 11.55
Stop Loss: 10:39
TP 1: 12.80
TP 2: 13:97
Why I like this idea:
1. Strong, healthy bullish market structure(higher highs, lower lows for months)
2. Well defined channel
3. Obeying fib retracements well
5. Weekly pivot S1 as support at entry, s2 as support around stop loss
6. Confluence of fib retracements
Entry: 11.55
Stop Loss: 10:39
TP 1: 12.80
TP 2: 13:97