After you draw a channel, just find a breakout and look for a pullback . Focuses on
QUALITY trades, NOT QUANTITY, Less trades but quality trades is the best
way of trading .There are two ways to enter the trade
> You enter the trade after the pullback. Once you see the first solid blue candle closed, enter it right away. After you see the breakout, wait for a red candle to close.Then you set a pending order few pips above the breakout. You need to identify channel. Look for a breakout. Look for a pullback testing the trendline. Enter the trade after the pullback,and put the stop loss 5 pips behind the pullback. Profit target – Calculate the size of the channel.
Example for BUY
Example for SELL
