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Daily AB=CD with rejection pin bar
U.S. Dollar / Swiss Franc
Short
Daily AB=CD with rejection pin bar
By UnknownUnicorn3974120
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Updated
Dec 9, 2019
4
Nov 29, 2019
The pair has made a nice 61.8 pattern with price now at a previous level of strong structural resistance.
Price is in the process of making a reversal pin bar signifying a change of trend.
Couple this with other confluences if so required for a potentially profitable trade. Entry point could be a break out on a minor time frame.
Dec 9, 2019
Note
Price made a strong break out.
AB=CD
Candlestick Analysis
Trend Lines
UnknownUnicorn3974120
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