Hi everyone:
Here is a beautiful setup on GBPCHF LONG, for a nice reward risk ratio trade setup.
Daily chart formed an inverse Head and Shoulder pattern,
low test candle developed, hit 0.618 fib retracement and previous support trend line, MACD
divergence
Target 1:1.25 (4% Profit)
Target 2: 1.27 8% Profit)
Target 3: 1.29 (12% Profit)
Thank you for your support and feedback.
Trade: #10 (2017)
Date: 01/13/2017
Time: 10:00 GMT
Here is a beautiful setup on GBPCHF LONG, for a nice reward risk ratio trade setup.
Daily chart formed an inverse Head and Shoulder pattern,
low test candle developed, hit 0.618 fib retracement and previous support trend line, MACD
divergence
Target 1:1.25 (4% Profit)
Target 2: 1.27 8% Profit)
Target 3: 1.29 (12% Profit)
Thank you for your support and feedback.
Trade: #10 (2017)
Date: 01/13/2017
Time: 10:00 GMT
Trade active
Note
Beautiful break out on the 1 HR chart from yesterday's GBP news. Looking for a higher low to take this pair up to daily resistanceTrade active
Enter the trade @1.2350 Note
1 HR chart forming bulish flag pattern, can see a break out to the upside
Trade closed: target reached
Close the trade @1.2500, for 2.5% PROFIT.
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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.