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lyl89
20 mai 2017 17:18

CADCHF - Bullish Bat Completed on H4 Chart Long

Canadian Dollar/Swiss FrancFXCM

Description

For those who had spotted this earlier, you might have went long on where I have indicated, where RSI had just left the oversold level.
It is a good entry as rules for harmonic trading were followed.

Price has been hovering at PRZ for about 2 days, however, I see that RSI is slowly showing strength again.
I will look to long next week.
Not very ideal R:R at about 1 (TP1) and 1.8 (TP2), so you guys decide for yourselves whether or not to take this trade.

News to note :
  • Tue 23/5 CHF Trade Balance, CAD Wholesale Sales
  • Wed 24/5 BOC Interest Rate Decision

Trade fermée: cible de profit atteinte

TP1 hit.
Plus