# Wait for the Breakout of Correction to go Short.
# Wait for the Third Touch of the Top ascending Channel then go Short.
# Looks a Great Setup if you miss the first setup wait for secondary setup at the Third Touch which gives a better Risk to Reward.
# Sometimes it can be early and the pair could easily breakout of the Ascending Channel when you see a good...
*US30 amazing setup to go Short to the downside
*Potential 1000 Pips to drop and catch
* If you miss this Trade wait for another pullback and just sell no need to be scared this Pair for days has been going up, let me know your profit guys. :)
Place SL at the top of the correction, so price doesn't take you out.
TP giving us a good amount of pips of 202 Pips.
Also watch out for second trendline breakout it may give a false breakout which could go to the upside and make another touch on the outer trendline.
If we see a good confirmed solid breakout we could get into the trade or just...
Got tagged into the Trade.
Stop Loss is around 28.6 Pips
Take Profit is around 251.1 Pips
Great Risk to Reward Ratio of 8.78%
Also Price has made a small correction long with this it has also broken trendline, i believe it will go down to make another double bottom.
This is another position i am taking on NZDUSD.
Looks like we have a small correction that has broken out and will go to the upside.
From my entry point i am already at 8 Pips. Trade is running around 40 Pips.
Still looking to go to the upside for another 120 Pips.
As you can see on the daily chart Crude Oil is forming a type of Descending Channel for us that we will take to the upside for the 90% Probability.
*Just be patient.
*Wait for that third Touch
*If it makes a Third touch but continues to go down, look for a Double Bottom area, that will take it to the upside and make a strong Daily Support level.