2018Apr10 USDCHF M30 Bullish Bat
USDCHF is still on a uptrend and there is a bullish bat again. The bullish bias is confirmed by a red hammer, lack of a lower low, and a green candlestick closing at 0.95446 which also guided price entry. Stop loss is placed just below point X while take profit targets are set at the 38.2 and 61.8 Fibonacci retracement levels of leg AD and point A.
Trade Setup: Bullish Bat
Price Entry 0.95446
SL 0.95186 | SL pips 26.0
TP1 0.95783 | TP1 pips 33.7
TP2 0.96056 | TP2 pips 61.0
TP3 0.96496 | TP3 pips 105.0
RRR1 1.30 | RRR2 2.35 | RRR3 4.04
Status/Remarks: TP1, TP2, & TP3 hit! :)
Trade Setup: Bullish Bat
Price Entry 0.95446
SL 0.95186 | SL pips 26.0
TP1 0.95783 | TP1 pips 33.7
TP2 0.96056 | TP2 pips 61.0
TP3 0.96496 | TP3 pips 105.0
RRR1 1.30 | RRR2 2.35 | RRR3 4.04
Status/Remarks: TP1, TP2, & TP3 hit! :)
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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.