CHFJPY looks to be in a bullish AB=CD pattern on the 4 hour chart.
My entry will be the close of this current 4 hour bar if it closes as a decent looking green bar, otherwise I will wait and look for another entry opportunity. Stop Loss and Take Profit are on the chart.
My entry will be the close of this current 4 hour bar if it closes as a decent looking green bar, otherwise I will wait and look for another entry opportunity. Stop Loss and Take Profit are on the chart.
Comment:
No good entry presented itself and the C leg is about to be broken. Trade now invalid and should not be taken.