A possibly forming head and shoulders pattern in $CHR.
The neck line is encountered with the 200 exponential moving average. Also the trend line crossing in the RSI increases the likelihood of success of the trade.
A good entry is crossing 0.7500 and the the target is 0.7840.
SL for me is 0.7400.
Good Luck.
The neck line is encountered with the 200 exponential moving average. Also the trend line crossing in the RSI increases the likelihood of success of the trade.
A good entry is crossing 0.7500 and the the target is 0.7840.
SL for me is 0.7400.
Good Luck.
Trade closed: target reached:
Target hit and more $$$$.
12%+ profit
12%+ profit