itaskar
Short

cadchf possible pennat pattern

FX:CADCHF   Canadian Dollar/Swiss Franc
63 5 1
possible pennant pattern is coming
I agree. I've got a short position here too. I believe, it should be valid as long as the prior swing lows at 0.823 remain inviolate. My minimum target is currently at 0.807, but I think 0.803 is also possible.
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How about doubling this range to the down side?
snapshot
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Or even lower?
snapshot
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itaskar ForceFollower
heh, my trailing stop gave me 20 pips from this move :) i didn't count with rebound like that, i am out for now and will wait for something clearer
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It was a good move. My stop is still above the swing high. That bunji jump almost cost me a heart attack. :-)
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