Price still in the structure buy breakout small channel
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Those who are enjoying this reversal pattern breakout may hold this trade for longer term. Remember i was expecting deep pullback for further buy but pullback came but was not deep enough which convince me to add more. Those who miss this breakout may wait for deep pullback because pullback is highly likely possible and we may see next buy setup. Here is the update Guys.
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Here we got the deeper corrective pattern formation stay calm and keep watching you may place trades on lower time frame in the ranges but trade with care.
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Watch for bottom here.
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For details please look at the update.
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It is not easy task to predict the corrective waves even in the corrective pattern guys but so far so good price moving as we were expecting in the corrective trend continuation flag pattern here we got the update.
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Bounce off coming soon watching for buy at bottom line
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Bounce off coming soon
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So far moving amazingly here is update.
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Here we got the power and break up if not in watch for trend continuation pattern then look for more buy.
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I was expecting correction but not sharp correction now watching price action near channel line.
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No early buy
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Comments
kayoko.torikawa
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thank you for update.I like your analysis a lot.
It looks like break out soon. I bought around today's pivot.
Wave-Trader
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Good Luck mate
kayoko.torikawa
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wow! it looks like going just like you said. It's amazing!!
I closed former position at the same day since it didn't break up.
Now I bought small position around 1.46.
Thank you always.
Wave-Trader
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If want to be more amazed then look at EURCAD idea mate. thanks for your feedback.
kayoko.torikawa
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Wow!! It's amazing. I hope I could trade Canadian pair with my broker!
I think your analysis is the best.
Your USDJPY analysis is also amazing. I sold around today's pivot. It also looks like head and shoulders thought not yet broken in 1 hour chert.
Wave-Trader
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Thanks mate
kayoko.torikawa
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Thank you for update. I still had my long position from 1.46.
I closed it right now since I can't keep watching the market. I will enter again if price go down or break up.
Your idea helped me to get a lot of profit. Thank you so much.
Wave-Trader
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cheers mate.
kayoko.torikawa
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It broke up while I was sleeping at night. I can't close my position at a right timing.
I will wait for a correction.
It looks like break out soon. I bought around today's pivot.