The_Greek_Trader

BULLISH GARTLEY PATTERN ON USD/CHF

The_Greek_Trader 업데이트됨   
FX:USDCHF   미국 달러 / 스위스 프랑
I had said to myself no to trading forex again but as i see the markets both in Europe and US so overbought and at high levels it was a chance to start trading forex again.
So to get to the point we have a bullish gartley pattern formed on daily timeframe.
TECHNICALLY
WE CAN SEE BOTH CHANNELS,MEANING THE SHORT-TERM DESCENDING CHANNEL AND THE MID-TERM ASCENDING CHANNEL.
RSI AT OVERSOLD LEVELS READY FOR A BOUNCE.
WE SEE ALSO THE HORIZONTAL RED LINES WHICH ARE CREATING THE DEMAND AND SUPPORT LEVELS.
ON 4H TIMEFRAME WE CAN CLEARLY SPOT BULLISH RSI DIVERGENCE AT THE DOUBLE BOTTOM FORMED.

POSSIBLE TRADE
FIRST TARGET T1 AT PREVIOUS CHANNEL LINE/RESISTANCE AND 200EMA 0,99200
SECOND TARGET T2 AT PREVIOUS HIGHS AND 61,8% FIB RETRACEMENT OF CD LEG 1,00800
STOP LOSS AT PREVIOUS LOWS AND SUPPORT AT 0,95400 LEVEL
THANKS FOR SUPPORT
HAPPY TRADING
액티브 트레이드
액티브 트레이드
코멘트:
A couple of pips already,nice price action so on..
액티브 트레이드
코멘트:
Better entry here because of better P/L ratio..Great bounce of the current levels showed.Happy trading!
코멘트:
As price action is showing we had a buliish Bat comletion pattern at 0.886 Fib retracement of XA leg..Go long from here targets T1 at 0.9800 and T2 0,99120..
Happy trading guys.
Thanks for support!
코멘트:
Let your trade go to work.Some nice reaction of the lows here and already in profit.Always be patient and stick to your plan!
Happy trading and happy profits guys!
액티브 트레이드
코멘트:
I love my work...Nice profits guys!
I hope you joined on that.
코멘트:
Still active and profitable..Patience is a virtue.
액티브 트레이드
코멘트:
Trade still valid..

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