GBPCHF LONG INVERSE HEAD AND SHOULDER PATTERN Long

British Pound/Swiss FrancFXCM

Description

⋅ 13 janv. 2017 10:21

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

Transaction en cours

⋅ 13 janv. 2017 10:22

Commentaire

⋅ 18 janv. 2017 04:48

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 resistance

Transaction en cours

⋅ 19 janv. 2017 09:28

Enter the trade @1.2350

Commentaire

⋅ 20 janv. 2017 22:18

1 HR chart forming bulish flag pattern,
can see a break out to the upside

Trade fermée: cible de profit atteinte

⋅ 30 janv. 2017 19:25

Close the trade @1.2500, for 2.5% PROFIT.

Commentaires

No1_Playa

⋅ 13 janv. 2017 14:25

Huge opportunity. I like very much :)

jojofang0901

⋅ 13 janv. 2017 17:43

@No1_Playa, Thank you, lets see how the market play out. This will be a medium to long term trade, its good that we will earn positive carry rollover on this pair as we go long :)

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