CHFJPY, Bearish BAT Pattern Complete! Lets Go Short
Updated
Pattern is complete on the daily charts. for the entry and sl tp level please see the main chart. any updates would be available below if needed. happy trading and have a great weekend ahead
Note
RR ON THIS FOR NOW IS 1:1.7. IF NEEDED IN THE FUTURE I MIGHT BRING THE STOPS ABOVE TO MAKE THE TRADE A MINIMUM 1:1. PRICE HAS FORMED A HAMMER ON THE DAILY AND THE DAILY TRENDLINE HAS BEEN BROKEN AS WELL SUGGESTING THE PRICE MIGHT HAVE TOPPED.Note
ADJUST SL TO 115.400Trade closed manually
CLOSE THE POSITION. PRICE APPROACHING WEEKLY SUPPORT PIVOT. JUST 15 PIPS AWAY FROM OUR TARGET. MIGHT BOUNCE AND HEAD UP.RETURN 1.4% OVER 1% INVESTED
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.