CONCOR: Play The Channel

4 set 2017

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

4 set 2017

Nota

Nice bounce from 1294 to 1312 already
Trailing..

4 set 2017

Nota

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

4 set 2017

Nota

took partial profit @ 1317

5 set 2017

Nota

I ll exit on 1330 or 1308 whichever comes first.

5 set 2017

Nota

I am out at 1330

5 set 2017

Nota

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

5 set 2017

Nota

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.

5 set 2017

Nota

Buy order @ 1329

5 set 2017

Nota

Order cancelled, I ll look for price action.

5 set 2017

Nota

In at 1341 SL at 1337

5 set 2017

Nota

Looking for 1354-1355

5 set 2017

Nota

Out at 1354.50

5 set 2017

Nota

Nice 14 point scalp, still flying.

5 set 2017

Nota

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.

6 set 2017

Nota

Target achieved