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Wave-Trader
Sep 4, 2016 2:35 PM

NZDCHF Short setup under channel line  Short

New Zealand Dollar/Swiss FrancFXCM

Description

We have ascending channel against the very strong impulse. We gonna have very huge potential trade towards downside. I am expecting breakdown small corrective flag against the impulse in the channel. If we see breakdown of this small corrective flag then possibly we may see breakdown of this long standing channel. In case price breakup this small corrective channel to the upside then i will not look for buy. I am only interested for sell under the channel line.

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Comment

Breakdown of uptrend is possible

Comment

Uptrend broken if not in the market watch for trend continuation pattern formation and then sell breakdown here is the update.

Comment

Price hit the expanding triangle i am watching for price action breakdown is possible and incase price climb and test top again i will look for sell again from top.

Comment

Amazing impulse.
Comments
arshadd
Outstanding
CJ_pips
Nice setup thanks
Wave-Trader
Thanks mate
itahirmasood
Great
waterman
Great idea. Thanks for sharing
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