I will be looking to sell the breakout.
Remember the consolidation can still continue so don't jump in before it confirms the breakout.
Trade with care
Remember the consolidation can still continue so don't jump in before it confirms the breakout.
Trade with care
Note
OK so the CAD did not correct and break it just reverse. If you took the early breakout without waiting for the correction, I hope you got at lease a BE trade. Now I am waiting for a downwards correction then the buy , if it reverse again then I'll be looking for some wedge pattern in the making .
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YouTube: youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.