FX:AUDCHF   Australian Dollar / Swiss Franc
1062 4 37
I am expecting trend continuation. Sell clear breakdown.
Comment: Breakdown coming soon. Break up will invalidate idea
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Comment: Broken but after long correction. Now there may be two formation if trend continuation patterns appears with corrective wave then we will look for sell breakdown and if price rise impulsively than ideal sell place would be triangle top. Here is the update.
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Comment: Get ready for short.
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very nice
Reply
Hi, excuse me, but what is 'clear breakdown' for You? Do You sell it after breakout and consolidation of lower degree?
+2 Reply
Please look at my trend continuation patterns educational posts you will understand how these patterns work.
+1 Reply
BeFX Wave-Trader
First of all - thank You for reply. I understand patterns and how they work. I was just wondering if You have some method to establish whether consolidation is over or not and do You use lower timeframe than H4 to enter the position.
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