Currency pair: USDCHF
Entry Order: Buy Stop @ 1.0058 for 3:1
SL: 1.0008
TP: 1.0208
Analysis: USDCHF is coiling
within an ascending
symmetrical triangle price pattern.
If we penetrate above todays session
key Reversal high price, it will open a
"pathway" much higher prices...in the near-term.
*Note: Sunday 1/25/2016
At the open of the week, saw that the Weekly
candle is still bullish, I extended the TP to top of the
previous high for 5:1 TP: 1.0308
Entry Order: Buy Stop @ 1.0058 for 3:1
SL: 1.0008
TP: 1.0208
Analysis: USDCHF is coiling
within an ascending
symmetrical triangle price pattern.
If we penetrate above todays session
key Reversal high price, it will open a
"pathway" much higher prices...in the near-term.
*Note: Sunday 1/25/2016
At the open of the week, saw that the Weekly
candle is still bullish, I extended the TP to top of the
previous high for 5:1 TP: 1.0308
