The instrument played by the vast majority of investors responded nicely to the upper line of the channel. However, at the moment the rate is based on local support which, if broken, may deepen the correction. However, we focus more on rebound and another test of the upper level and then possibly a breach of the mentioned support.
The rule is that we play what we see. We currently see the channel in a strong uptrend. Possible entry on the retest of the correction started only after the movement has started Unfortunately, 80% of people losing money with brokers try to “catch” the best price, the so-called lows and highs. If someone does it and it comes out ok. Personally, I do not support catching holes, peaks or “knives”