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dionvuletich
Jan 11, 2016 4:33 AM

AUDCHF Daily Gartley Long

Australian Dollar/Swiss FrancFXCM

Description

Bit of a rough one amd not overly keen on buying here as R:R is too low for my style
Would be better to buy at 0.6900 with a tighter stop (i.e. BAT pattern) and increase R:R

Not in this one but there it is.. My ideal situation would be to see it bounce a little from here and then break lower to 0.6900, by which time it will be divergent on the RSI which I would definitiely buy at 0.69 (or just above)

Trade closed: target reached

1.6:1 Winner for Target 1
Comments
dionvuletich
Target 1 hit, stop to >breakeven on balance of position = risk free trade
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