TradingView
itaskar
Feb 5, 2014 11:56 PM

cadchf possible pennat pattern Short

Canadian Dollar/Swiss FrancFXCM

Description

possible pennant pattern is coming
Comments
ForceFollower
Or even lower?
itaskar
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
ForceFollower
It was a good move. My stop is still above the swing high. That bunji jump almost cost me a heart attack. :-)
ForceFollower
How about doubling this range to the down side?
ForceFollower
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.
More