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Bravetotrade
2017년 9월 4일 오전 8시 9분

CONCOR: Play The Channel 

CONTAINER CORPNSE

설명

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

코멘트

Nice bounce from 1294 to 1312 already
Trailing..

코멘트

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

코멘트

took partial profit @ 1317

코멘트

I ll exit on 1330 or 1308 whichever comes first.

코멘트

I am out at 1330

코멘트

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

코멘트

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.

코멘트

Buy order @ 1329

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Order cancelled, I ll look for price action.

코멘트

In at 1341 SL at 1337

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Looking for 1354-1355

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Out at 1354.50

코멘트

Nice 14 point scalp, still flying.

코멘트

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.

코멘트

Target achieved
코멘트
khadu_power
can you please review for tomorrow's scenario? will it cross 1400?
Bravetotrade
@1941rohan.sharma, only the buyer seller sentiment will answer your question tomorrow.

The good part is it is still holding the channel shown in my chart above. It gave respect to the exact point 1341 today and had some covering.

I think one can try buying with stop below 1341 and wait to see what the future course of action will be.

Go for smaller targets if u r interested in intraday moves. Look for 1380/1390 targets.
Kums
great analysis ji....
Bravetotrade
@Kums, thank you so much.
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