Looking for a potential downside move as a pennant pattern has formed on the daily time frame.
More details on Link description below.
pa-fx.com/2018/04/08/eurchf-potential-break-out-to-the-downside/
More details on Link description below.
pa-fx.com/2018/04/08/eurchf-potential-break-out-to-the-downside/
Note
First move up as anticipated. Now waiting for short opportunity
Note
Possible shorting opportunity next week.
The first move went all the way up to MR1 which was higher than expected, but, as anticipated that there was 1 more impulse up.
Let's see if there's an opportunity to short next week.
Note
Short idea no longer valid. The impulse leg broke out and kept going to the upside.Order cancelled
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.