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British Pound / Swiss Franc
Long
Updated

GBP/CHF - Bullish Cypher

51
GBPCHF
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Bullish Cypher already completed, just waiting for a confirmation to go Long
Trade active
snapshot
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For the ones who lost this trade, there is still opportunities to enter.

- Ater the Bullish Cypher Pattern we have a confirmation of the Bullish Trend

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I think price will make a Bullish Flag on "Yellow" while retesting the 61,8 fib. Enter the trade on the Blue Rectangle with some kind of confirmation like a rejection candles. If that happens we also have a Head and Shoulders Pattern.
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Head and Shoulders Pattern???

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I already close my positions yesterday with 188 Pips, But I plan enter again.
Trade active
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I hope that can reach the top of the flag (1º position), completed de H&S pattern and go until my 2º target AB=CD.
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1º target reached

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111 pips... :)
erikarter
AB=CDCypher

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AB=CDCypher
erikarter

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.