GBPCHF Measured Move AB=CD @ 1.3938 0.618 Level is also at 1.3938 RSI over sold Price Action shows there is buyer at this level ( look at the long wick) Long GBPCHF now @ 1.3957 SL: 1.3880 TP1: 1.4280 TP2: 1.4625
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Reversed nicely now is 1.4025
Comments
walker.england
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Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of an entry using an AB=CD retracement pattern.
tntsunrise
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My horner! Thank you ! Walker
Miz
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Im still in the long, set my sl to just before the low and it hasn't made a new low yet. What do you think tntsunrise?
Miz
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Trade Closed: SL Hit
forexmech
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SL Hit on GBPCHF. Never mind though. EURUSD / AUDUSD / USDCAD going good.