Price at the top of the recent channel. Use a lower time frame to find a great entry with SL at a level we can assume price has broken channel trend (see chart).
please leave any comments or other sugestions, if you see things different. You may see something im missing or didnt take into account. Thx and good luck
Maybe more of a lower time frame play, but looks as a new channel might be forming, which can be traded with minimal risk with SL above upper channel trend line. Just thought id share. Good luck
I do not think this is a change of the trend, however i do see short term back up! This is my favorite setup to play on the stoch. When it crosses trend line, this should be a nice buy signal. good luck.
may get a small (hopefully larger) bounce right here.
OANDA:USDCHF trend shows signs of weakness. potential opportunity to short trend change, with low risk stop loss slightly above ressitance
Ive took a short position for the near term. Any conrary ideas are welcome!!
In this bearish market, it always hard to find places Im willing to put money in. honestly, I think we will need to see a total market shift before we see LTC start heading back up for good. Until that happens if we can find spots to jump in and make small gains, take them. I truly believe we will jump back up to $200, but in this market noting is for certain. Be...