EURCHF - potential downside move

Apr 9, 2018

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/

Apr 10, 2018

Note

First move up as anticipated. Now waiting for short opportunity

Apr 14, 2018

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.

Apr 17, 2018

Note

Short idea no longer valid. The impulse leg broke out and kept going to the upside.

Apr 17, 2018

Order cancelled