StewySongs

GBP/CHF, EUR/AUD and WHEAT/USD on watch for me today.

OANDA:GBPCHF   英鎊 / 瑞士法郎
GBP/CHF:

• If price pushes up and it gives us a confirmed second bottom then I'll be looking to get short with a reduced risk entry on the break of what will then be a tight one hour flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

EUR/AUD:

• If price pushes up, it so impuslively and in a convincing manner and a subsequent tight flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

WHEAT/USD:

• If price pushes up above our most recent high, it so impuslively and in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

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