Short

GBPCHF completed the bearish DeepCrab pattern

Updated

Pattern completed and price had an initial reaction to it.
Came back up to retest the highs again and dropped again.

Currently price leaving the PRZ

Trade active

It is already the end of the trading week. I do not want this trade to turn into a bad one. Currently up about +60pips

Shifted my Stop Loss to break even. Risk free trade.
Hope NFP will drive this towards my target @ 1.3320

Trade active

Tightened protective stop further to 1.3388, to lock in minimum +57pips profits.
Stretched my targets to 1.3268 (Trend Line support).

Trade active

Tightened protective stops again to 1.3338, to lock in minimum of +107pips

Trade active

Currently up about +200pips.
For the second time today, price seems to be supported at 1.3232
Shifting my protective stop loss to 1.3288 (locking in +157pips)

Trade active

Shifted protective Stop Loss once more to 1.32618 (+183pips)
A move above 1.3250 will probably trigger a deeper retracement

Trade closed manually

Closed off the trade as I don't like the bullish pin bar forming
Closed with a +230pips profits.

Those who took this trade with me, give me a shout here below on the comments :)

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