Nice short setting up

The last chart I posted on this pair I was looking for a long trade but price wasn't finished correcting. It now looks like we'll get another trade down to the channel bottom. Once there we'll be looking for a long trade with the possibility of a channel breakout.

I'll update my analysis as price develops so remember to follow to receive them. You can also follow updates via twitter (link from my TV profile)

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:

I'm looking for a short trade once this correction line is broken