I found a good opportunity for a nice swing trade again.
As we can see, the top of the cannel is reached, and now what will happen?
I see two things right now.
1) A breakout with a pullback, that would be my entry trigger.
2) A formation, and of course the price will fall then. So we have a short position. I will wait a few hours, maybe one day to make sure I am not running into a trap. And if you see the main trend, it goes up right now. So shorting would go against the trend, and I am careful with that...
EMA200 bestätigt Trend