Here is another picture of a bullish set-up on USDCHF
What you are looking at, is a potential developing bearish gartley, butterfly or a crab.
Gartley: 1.01xxx
Butterfly: 1.039xx
Crab: 1.059xx
This set-up is very similar to the ones I have on AUDUSD and EURJPY
I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will tell which one of these patterns price is going to respect.
A break of 0.98400 will invalidate the set-up
Please give the chart a like as a sign of your support and leave your comments in the section below.
God bless and happy trading
What you are looking at, is a potential developing bearish gartley, butterfly or a crab.
Gartley: 1.01xxx
Butterfly: 1.039xx
Crab: 1.059xx
This set-up is very similar to the ones I have on AUDUSD and EURJPY
I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will tell which one of these patterns price is going to respect.
A break of 0.98400 will invalidate the set-up
Please give the chart a like as a sign of your support and leave your comments in the section below.
God bless and happy trading
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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.