As you can see on the EURJPY chart the price is moving at a bullish channel. Now the price hits the low edge of donchain channel and I can say that a buy trades can be open by now targeting the high edge Stostatic by the way have a buy signal by having a bullish intersection near the 20 th level Finally a sell signal is shown on the awesome oscillator as you can see by having the bars below the 0 level and also the last bar is colored by red To make a clear decision from the previous givens the price have a higher chance to head up till the higher level of donchain channel but if you face the up edge of manually drawn channel then you have to close any buy trades and for more strength for your trades waiting for a buy signals drom awesome oscillator and stostatic is prefered![]()


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