FX:AUDCHF   Australian Dollar/Swiss Franc
45 2 0
wait for bearish candle pattern below neckline in 1h(rebound from neckline)
ForceFollower
2 years ago
I like your idea, but I'd place my stop above the right shoulder. Your red crescent may be a good place to enter short, not to have your SL waiting to be taken...
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itaskar ForceFollower
2 years ago
thats right...but i will not put my entry until the neckline break is confirmed, and from that time it is the second resistance point and seems to be good(first will be neckline). In ichimoku it is above tenkan sen and kijun sen, so it must be strong to go through. Good can be put the stop loss along the down-trendline. i dont like to put my stop loss so high..maybe i should change it by me, sometimes its really close :)
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