Hey traders, am preparing myself before my webinar at 9pm tonight.
I see a nice setup that just completed on USDCHF
Pattern Identification
Bullish shark completion at 0.9895.
Trade Execution
I missed the entry price around 0.9895, have put in a pending order to buy on any retest.
There is USD news tonight, hoping for a retest downwards for me to get in on my order.
SL will be at 0.9860 (30 pips) with initial TP at 1.0030. (135 pips)
This pattern will be invalidated if it breaks below 0.9860.
I see a nice setup that just completed on USDCHF
Pattern Identification
Bullish shark completion at 0.9895.
Trade Execution
I missed the entry price around 0.9895, have put in a pending order to buy on any retest.
There is USD news tonight, hoping for a retest downwards for me to get in on my order.
SL will be at 0.9860 (30 pips) with initial TP at 1.0030. (135 pips)
This pattern will be invalidated if it breaks below 0.9860.
Trade active
I got in finally on a retest to 0.99.It looks like it is rejecting the PRZ with a bullish candlestick and bullish divergence in the RSI indicator.
You can consider joining me with a buy at the open.
Note
Note
I survived the spike down when market opened.
Upon further inspection, I see a bullish shark completion at 0.9880.
With a SL at 0.9870, I am letting this trade run and just hoping this pattern will work out.
Trade closed: stop reached
Stopped our at -30 pips.
Related publications
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.
Related publications
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.