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Technician
Aug 4, 2016 1:05 PM

DOWI: Quick Short Short

Index of top 30 shares on Wall StreetFXCM

Description

Strong rejection within the upside pullback. The pullback is also taking the shape of rising wedge. Shorted aiming for a quick trade hopefully.

All my ideas are just my personal view. Trade Your own view.

I have no incentive to post if i don't get enough support from you. Likes and comment.
You can SKYPE me at : Technician - The Forex Channel
My Regards,
Technican

Trade active

Trade closed: stop reached

Comments
Technician
Yeah stopped out on this one, i compensated shorting gold though.
Xilpa
Hey Tech - You're one of the best traders around here, and I like your honesty - no BS.
Well done mate, have a great weekend!
mentorfx
unlucky stopped out by NFP
edmunch
Hi Sir,
Is it still active? it looks a parallel channel :/
thanks.
edmunch
haha you do not have to reply anymore :)
chinabox
I agree. Thanks.
Gerser
One more nice trade !! thank you so much !
X87
Hi Technician, thanks for your ideas. About your post, I think the same as you with the rising wedge.
robnab
Very nice trade, thank you Sir. Also for yesterday EURAUD. Greetings from Poland
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