Looking for a potential downside move as a pennant pattern has formed on the daily time frame.
More details on Link description below.
www.pa-fx.com/2018/0...out-to-the-downside/
More details on Link description below.
www.pa-fx.com/2018/0...out-to-the-downside/
Comment:
First move up as anticipated. Now waiting for short opportunity
Comment:
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.
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.
Comment:
Short idea no longer valid. The impulse leg broke out and kept going to the upside.
Order cancelled
