Week 7 assignment (EXHIBIT F) for CHFJPY by PROSHERIFF
BULLISH ABCD PATTERN
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 139.280.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 139.280.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.
Comment:
Correction to TP: It's 141.391 not 139.280
Comment:
Correction to SL: It's 139.280 not 103.521