In case of pullback to the channel, you can enter the deal Or if you want less risk, enter the trade after pullback to the channel and see a powerful red candlestick. This is just my idea and it could be wrong.
Note
You can also release your risk when the price touches the blue channel floor.
Because at this stage, there is a possibility of price return, but due to seeing the double-top pattern in higher timeframes, there is a possibility of further decline.
Note
The target is close, but if the price closes above the 4.05range, exit the low-profit trade, otherwise we are waiting for the target.
The price can go much lower and you can even wait for the price to decrease after reaching the goal.
Trade closed: target reached
This was the first time I suggested a trade on my page and fortunately it was successful. You can not withdraw a small amount of your capital from this trade and wait for the price to reach 3.66 and the loss limit for this case is 3.97.
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