Yes you are correct and what is also in your favor is that the prevailing trading channel (flag) formation has odds of breaking out in the current LONG trend direction.
Note this channel is also a good stoploss to consider
trust the chart is self explanatory..a close above 139 should trigger the breakout..
mox chart, page-3
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
