Wave-Trader的OANDA:USDCHF的USDCHF Watch Price action at top and look for sell

USDCHF Watch Price action at top and look for sell

Hi there,
If you remember that we were short on the USDCHF from top then i hope you remember that USDCHF is forming a trend continuation pattern for sell. I have shown that in my weekly market outlook.

Lets come to the point.

How you can trade on this Trade Setups.

1. Watch price action at the top and look for sell. What kind of price action needed for sell. Currently price still in short term bullish trend let the price stop at the top and let it give you 15 minutes impulse once you seen that look for reversal and look for short. In case price dont form impulse on 15 minutes time frame and keeps pushing higher we will remain bearish and we will look for impulse from new high within the bearish trend but change in pattern formation.

Or

2. Lets the price forms impulse and then look for sell after having correction on 15 minutes time frame.

Good Luck.

註釋