Descending Channel on EUR/CHF @ D1
The descending channel pattern on D1 chart of EUR/CHF shows a potential for a bullish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the low of the breakout bar (not on the chart).
More information, chart template, and free EA to trade this pattern in automatic mode on
earnforex.com/blog/descending-channel-on-eurchf-daily-chart/
More information, chart template, and free EA to trade this pattern in automatic mode on
earnforex.com/blog/descending-channel-on-eurchf-daily-chart/
Trade active
Entered at 1.08985 with SL = 1.08599 and TP = 1.10454.Trade closed: stop reached
Reached stop-loss at 4:21 GMT on November 20, 2015.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.
You can find useful tools to detect, build, and trade chart patterns - all completely free on earnforex.com.
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.