GBPCHF LONG INVERSE HEAD AND SHOULDER PATTERN
Updated
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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