USD/CHF:
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our lower rayline and a subsequent tight flag forms, then I'll once again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
(I've no video or trade recap to share with you today folks, because as well as losing almost all of my forecasts this week, meaning that I've had to redo almost all of them TradingView has just crashed and lost the video I made.
Sort it out please guys. I'm paying you money for this service.)
*I was stopped out of my USD/CAD yesterday for +0.61% and if I remember I shall try and break this down for you in tomorrow's video, unless TradingView lose that too. :-(
• If price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.
• If price simply impulses back down below our lower rayline and a subsequent tight flag forms, then I'll once again be looking to get short with a reduced risk entry on the break of the flag.
• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place either of these trades.
(I've no video or trade recap to share with you today folks, because as well as losing almost all of my forecasts this week, meaning that I've had to redo almost all of them TradingView has just crashed and lost the video I made.
Sort it out please guys. I'm paying you money for this service.)
*I was stopped out of my USD/CAD yesterday for +0.61% and if I remember I shall try and break this down for you in tomorrow's video, unless TradingView lose that too. :-(