FX:GBPCHF   British Pound / Swiss Franc
592 5 31
Bullish Flag broken
Comment: moving nicely
Comment: still expecting corrective wave
Comment: channel line got hit watching for price action very closely
Comment: very nice bounce expecting pullback berfore continuation
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I am milking this one for some time now, I just closed the short I took right from the top. But I see it as a simple ABC, after the impuls (see on 1D chart).
So I was expecting a correction to 1.448, and then another impulse breaking the channel at which bottom we are at this moment.
But it seems that you expect one more leg up...?

Wave-Trader sketchmaster
this is really nice pick sketchmaster but keep in mind one thing mate some times we become too over optimistic about over target which may change our winning trades into losing trades and it happens just because of setting unrealistic target. what i do i search out for a big wave and follow that wave on lower time frame and if that wave lose momentum without hit my target then i revisit my forecast and try to be realistic with the market. lets see if it breaks down channel then off course we may have nice short setup but the 1.32 target is unrealistic. thanks for the feedback and comments and good luck.
+1 Reply
nice brother
Wave-Trader itahirmasood
thanks bro
+1 Reply
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