HI fellows, Flat channel is developing watch it for breakout.
Komen
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Hi fellows, This pair has changed itself slightly but still it is forming trend continuation pattern here is the update.
slightly changed but still this is trend continuation pattern
Komen
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slightly changed but still this is trend continuation pattern
Komen
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Sorry fellows.
Here is the update.
Komen
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Komen
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if price form new high then sell from top again.
Komen
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Hi fellows, So far so good price testing upper channel line many times and every time when it will test i am the seller there. Remember it can extend the ranges this time ya because you all can see it is rising with impulse so wait for the price to stop under trend line then sell. here is the update.
Komen
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watch for sell under trend line fellows.
Komen
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Komen
Mobi0007
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Any Suggestion,,,, Im expecting this move
newwarez2
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Im trading this with a stop loss above slightly above the trendline ! ( sell high and buy low )
Follow the bouncing ball, still stubborn collecting bodies in each direction yet not choosing to break out above or below. Still holding, awaiting for your update. Assuming it's still man the course and sell the highs
Wave-Trader
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@stevejohnson0099, longer term trade will remain bearish on this chart and short term trades are within the flat channel ranges. now it depends your trading behaviour either you were looking to hold for short term with in the flat channel or for longer term for previous low. so if you are holding for longer term than it may take couple of more day to breakdown. But every time when price will test the top i am seller. either for short term with the channel or for longer term if break the bottom.
stevejohnson0099
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@Wave-Trader, looking for longer-term previous low and I'm patient, just checking in with you for expert advice. Thank you for the quick response very much appreciated!
AlanTradesFX
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Great setup. Already in the sell, let's see how it folds.
Wave-Trader
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@senejani.ali, yup sell every time when form the new top good luck mate
AlanTradesFX
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@Wave-Trader, Thank you. Yes one of these tops will start dropping, so better sell every top.
stevejohnson0099
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I'm following your forecast regardless others are claiming long to 1.38 - 1.40 near term. One question I do have regarding DXY chart indicating 107 approx. Wouldn't that negate this usdcad trade below 1.3050?