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glennmercer
Apr 5, 2017 5:01 AM

Short at Wave-(ii) through ((c)): #elliottwave #ew Short

U.S. Dollar/Canadian DollarFXCM

Description

Hey traders, I like the bearish impulse we're seeing here out of the channel breakout. Bearish channel support is a nice place to short. Good reward/risk if the price action is right. Cheers

Order cancelled

I still like a short if you are in this, but too much choppiness and break of channel before entry. Be aware of FOMC at 2:00p EST!
Comments
sanjayplayer
query : is it valid to have sub waves of 3rd wave less than 100% in subwaves
glennmercer
@sanjayplayer, Less than 100% of what, ecxactly? Do you have a chart?
nbn007
thats not good..
glennmercer
@nbn007, Trade was cancelled before FOMC
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