2018Apr27 GBPCHF M30 Bearish Bat
There is a bearish bat for GBPCHF. Bearish bias is confirmed by a red shooting star occurring at a potential reversal zone. Price entry at 1.37770 is based on the close of that candlestick. Stop loss is just above point X while take profit targets are set at the 38.2 and 61.8 Fibonacci retracement of leg AD and point A.
Trade Setup: Bearish Bat
Price Entry 1.37770
SL 1.38134 | SL pips 36.4
TP1 1.37197 | TP1 pips 57.3
TP2 1.36746 | TP2 pips 102.4
TP3 1.36017 | TP3 pips 175.3
RRR1 1.57 | RRR2 2.81 | RRR3 4.82
Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bearish Bat
Price Entry 1.37770
SL 1.38134 | SL pips 36.4
TP1 1.37197 | TP1 pips 57.3
TP2 1.36746 | TP2 pips 102.4
TP3 1.36017 | TP3 pips 175.3
RRR1 1.57 | RRR2 2.81 | RRR3 4.82
Status/Remarks: TP1, TP2, & TP3 hit! :)
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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.
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.