Going back up the channel

18 Haz 2020

Place an open stop order at 1.655 to go long on QG futures. This price is one tick above the high of the day before, which should signal a sharp move up in the next couple of days. With this signal coupled with the bottom of the channel, signals a potential bullish reversal. Place open position at 1.655 and ride it up for the next move. If the price breaks the bottom of the channel expect a sharp falloff.