I’ll be depositing a (very) few hundred pounds into my live account over the next few days in order to make a trade on this commodity. It’s been on a downwards trend for quite a while, since November, so I’m late to the party but hopefully it still has at least some days to run.
Ideally it would go straight to the top of the channel from where it is but these things never do what you want and it will probably do like the dashed line – go down a bit before turning back up and letting me ‘trade with the trend’.