CONCOR: Play The Channel

4 sept 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 sept 2017

Nota

Nice bounce from 1294 to 1312 already
Trailing..

4 sept 2017

Nota

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

4 sept 2017

Nota

took partial profit @ 1317

5 sept 2017

Nota

I ll exit on 1330 or 1308 whichever comes first.

5 sept 2017

Nota

I am out at 1330

5 sept 2017

Nota

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

5 sept 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 sept 2017

Nota

Buy order @ 1329

5 sept 2017

Nota

Order cancelled, I ll look for price action.

5 sept 2017

Nota

In at 1341 SL at 1337

5 sept 2017

Nota

Looking for 1354-1355

5 sept 2017

Nota

Out at 1354.50

5 sept 2017

Nota

Nice 14 point scalp, still flying.

5 sept 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 sept 2017

Nota

Target achieved