CONCOR: Play The Channel

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

הערה:

Nice bounce from 1294 to 1312 already
Trailing..

הערה:

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

הערה:

took partial profit @ 1317

הערה:

I ll exit on 1330 or 1308 whichever comes first.

הערה:

I am out at 1330

הערה:

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

הערה:

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.

הערה:

Buy order @ 1329

הערה:

Order cancelled, I ll look for price action.

הערה:

In at 1341 SL at 1337

הערה:

Looking for 1354-1355

הערה:

Out at 1354.50

הערה:

Nice 14 point scalp, still flying.

הערה:

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.

הערה:

Target achieved