The market moves between the 16.00 and 17.50 levels. DMI confirms range market conditions. This trading idea is based on a breakout from this horizontal channel. If the price breaks the 17.50 resistance level, it will likely be a signal confirming further upward movement. We should be ready to join this movement. Pending orders for buy can be placed at 17.65 level with stop orders below the support at the 15.70 level. The main profit target is 21.00 but the part of trade volume can be left for the long run. If you don’t use leverage, trading volume for this trade is up to 10% of your deposit.

Market: ETCUSD
Buy: 17.65
Stop: 15.70
Profit Targets: 21.00