CHFJPY-H4 - Potential The "Three Hills and A Mountain"
Trade: The first trade occurs on the close below the trend line. The second trade occurs after
completion of a 62% retracement to the downside-"AB." The second trade is a "long" trade
from "C."
Target: The first trade target (Short) is 62% of prior swing length-"AB." The second trade
target is from the "C" level, which is 100% to 127% of "AB" to the upside.
Stop: Place the "first trade" stop above the "B" level and the "second trade" stop below the
"C" level.
Trade: The first trade occurs on the close below the trend line. The second trade occurs after
completion of a 62% retracement to the downside-"AB." The second trade is a "long" trade
from "C."
Target: The first trade target (Short) is 62% of prior swing length-"AB." The second trade
target is from the "C" level, which is 100% to 127% of "AB" to the upside.
Stop: Place the "first trade" stop above the "B" level and the "second trade" stop below the
"C" level.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.