Hello guys/girls , we have very corrective PA from Avgust ...
Important thing is to ask from where it came from - it came from impulse
So i see this as impulse correction continuation trade
We have ascneding channel with three touches , but this is not confirmed yet (at least for my trade plan) so i would wait a bit to see if we could form pattern within pattern (asc.within asc.) for added confluence , or if we get bearish impulsive candle followed by hover on mini forecasted pattern that would be another reasonable setup/entry...
I would prefer double top tho , would look to sell there as well.....
So will remain neutral but not for too long , Sell usd/chf is prefered bias at the moment...
Hope you all have profitable September!
Important thing is to ask from where it came from - it came from impulse
So i see this as impulse correction continuation trade
We have ascneding channel with three touches , but this is not confirmed yet (at least for my trade plan) so i would wait a bit to see if we could form pattern within pattern (asc.within asc.) for added confluence , or if we get bearish impulsive candle followed by hover on mini forecasted pattern that would be another reasonable setup/entry...
I would prefer double top tho , would look to sell there as well.....
So will remain neutral but not for too long , Sell usd/chf is prefered bias at the moment...
Hope you all have profitable September!