C Wave about to start?

FX:USDCHF   Dolar U.S./Franc Swiss
Dilihat 284 kali
284 11
I've been waiting for this to complete wave B so we can short it to the channel bottom
We've had a nice move down on the 1H chart which could be the start of the C wave.
I'll be waiting for a pullback or flag for a chance to get short. It could stall on the bottom of the B channel but the reward all the way down is worth the risk.

All forecasts will be updated as they develop - remember to follow to receive them.

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
Komen: So far so good - Let's see what happens next
Komen: Price is still hovering around the structure line and I'm still thinking short on this pair. We could see another wave back up - depending on the FOMC rate decision today but as I always say I do not trade the news so unless is breaks short I'll not be in this one yet. It might be worth placing a short order below the structure but that will depend on your trading strategy.
Komen: Looking for a pullback or flag for a short entry
Komen: We're making a correction which could pullback to the trend line but keep an eye on it as it may break before then. If it doesn't break then we'll start looking for a long set up. My bias is still short though
Komen: Looking good
I appreciate your analysis, it really helps to get a view on the markets. Thanks for sharing.
SteveNixon IamJeanPaul
@IamJeanPaul, Thank you for your support
Good stuff, updates?
Great work as always!
SteveNixon Market_Gadfly
@Market_Gadfly, Thank you for your support
1.000 can support it back to 1.02 for a big selloff to 0.97 0.95 (month chart based) what u think of 1.02?
SteveNixon DanielAnt
@DanielAnt, I trade structure. I'm waiting to see if it breaks out of the diagonal. I think it will but it's all about timing
DanielAnt SteveNixon
@SteveNixon, im not so good at structures :)
SteveNixon DanielAnt
@DanielAnt, Your idea could be correct according to the structure. One more wave up then break down
DanielAnt SteveNixon
@SteveNixon, for uj i see similar touch lower break high and drop big time
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