yes thats wright piet this was the spot for which we were waiting i think you are very late brother but you are wright retest can give us a chance for short again thanks for sharing
Piet.Hein
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thanks mate, actually the analysis was to go long, but now its invalidated with the channel breakout, doesnt matter, no position was open here... nice charts you have :D
ChimbOt
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this our pullback?
Piet.Hein
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yes is looking like, but we need a setup to enter, lets wait and watch PA around lower channel.
forexmech
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Can we enter this now. If yes where can I have my SL. Thanks in advance Piet.
Piet.Hein
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Hi mate, thanks for the question! Well I need to say that I probably will not trade this (because Im already selling CHF against EUR) but if you want to trade I would recommend wait for a upward breakout or a pullback to the lower channel and then buy. In both cases SL must go below the resistances and supports. If one of the 2 cases happens I update this chart to make it easier.
FxSaint
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Had long idea on this myself, good one, keep rocking :)