piphunters
Short

AUDCHF: 1 hour sell setup

FX:AUDCHF   Australian Dollar/Swiss Franc
765 8 33
The structure shown in the chart looks to be ending soon and I am expecting a breakout to the downside providing short term sell opportunity.
Is there a formula you use to gauge the possible amount of pips for a profit target?
Reply
formula? no.. you get out when the next correction starts and again re enter or just let it run...
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Nice pattern here!
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piphunters Piet.Hein
thanks mate
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Piet.Hein piphunters
the breakout was awesome.
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piphunters Piet.Hein
yes
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It broke out, should we wait for a consolidation or sell now
Reply
no you shouldn't sell just because it broke, you always should wait for confirmation
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