CONCOR: Play The Channel

٤ سبتمبر ٢٠١٧

Price has been very consistently respecting the channel. Currently hovering near the lower end of channel.
Anticipating an up move from 1290 - 1305 support zone towards 1380 - 1385.
Also notice the bar frequency, It can used to project the target date near 6th Sep. 2017
Always have an escape plan if trade goes wrong.

Trade safe, be healthy.
Hit like if this information is useful.

Regards
Bravetotrade

٤ سبتمبر ٢٠١٧

ملاحظة

Nice bounce from 1294 to 1312 already
Trailing..

٤ سبتمبر ٢٠١٧

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I am expecting a 5 wave downmove, currently in 4th

٤ سبتمبر ٢٠١٧

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took partial profit @ 1317

٥ سبتمبر ٢٠١٧

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I ll exit on 1330 or 1308 whichever comes first.

٥ سبتمبر ٢٠١٧

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I am out at 1330

٥ سبتمبر ٢٠١٧

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I ll wait for another buying opportunity at a cheaper price.

٥ سبتمبر ٢٠١٧

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My expectation was for a pullback to buy but the strong momentum pushed it higher.
No problems..I had a nice profit and that is important.

٥ سبتمبر ٢٠١٧

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Buy order @ 1329

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Order cancelled, I ll look for price action.

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In at 1341 SL at 1337

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Looking for 1354-1355

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Out at 1354.50

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Nice 14 point scalp, still flying.

٥ سبتمبر ٢٠١٧

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I tried quick in and out in this trade due to the only warning sign that the current move from 1294 to 1355 has been supported by relatively low volume.

٦ سبتمبر ٢٠١٧

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Target achieved