tntsunrise
Short

GBPCHF 2113 PATTERN TO SHORT

FX:GBPCHF   British Pound / Swiss Franc
1815 12 103
This is A Pattern i Spot Myself
And I named it 2-113 Pattern
Every time it makes a false break out
and just touched 1.13 ext
C is 1.13 BA
D is 1.13 CB            

With the Trend line Retest
and RSI Over Bought
I will open a short position
at 1.5160,
SL 1.5207
Target 1.4880 and 1.45
Comment: in money already. nice reversal
Trade closed: stop reached: Stopped at 1.5205,now it is 1.5305,
If never stop, we could have lost more than 100 pips
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this was a beautiful trade if the stop was wider... I'm currently going through the last 2/3 months of your trades...its seems like the stop is often hit and then some and then it goes in your favor and hits your take profit !
Reply
tntsunrise TOP BloomDavies
Yes. You are right.
Reply
GBPCHF is not going south cause GBP is way too strong...... so is this trade still valid ?
Reply
No it hit SL.
Reply
tntsunrise TOP RaymondLeung
Yes. stopped. at 1.5205
Reply
perfect!
Reply
Nice pattern, you could patent it, my bias is also strongly bearish here. Regards.
+1 Reply
I agree with you, but i'm waiting a cypher pattern little above.

+1 Reply
I totally Agree
+2 Reply
hou zi tou tao ,heihei
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