GbpChf - Short analysis
Bearish Gartley on GbpChf
|
PRZ:
- BC: 1.618 fib ext at D point
- ABCD: 1 fib ext
|
1) Out of Bollinger Bands? YES (H1)
2) RSI divergence? YES (H1)
3) SR - GZ - TL - MA - QP? YES (SR, GZ)
4) Rejection type? Shooting Star
|
- Entry Price: 1.18880
|
- SL: 1.19180 (30 pips)
- TP: 1.17580 (120 pips)
|
Trading plan:
---
|
Legend:
PRZ: Potential Reversal Zone
SR: Support/Resistance
GZ: Golden Zone
TL: Trend Line
QP: Quarter Point
MA: Moving Average
|
PRZ:
- BC: 1.618 fib ext at D point
- ABCD: 1 fib ext
|
1) Out of Bollinger Bands? YES (H1)
2) RSI divergence? YES (H1)
3) SR - GZ - TL - MA - QP? YES (SR, GZ)
4) Rejection type? Shooting Star
|
- Entry Price: 1.18880
|
- SL: 1.19180 (30 pips)
- TP: 1.17580 (120 pips)
|
Trading plan:
---
|
Legend:
PRZ: Potential Reversal Zone
SR: Support/Resistance
GZ: Golden Zone
TL: Trend Line
QP: Quarter Point
MA: Moving Average
Trade closed: target reached
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.