KelvinShamKaiMan

(EP #56) Kelvin Trade Ideas - GBPCHF Bat Pattern 2020-03-10

Long
OANDA:GBPCHF   British Pound / Swiss Franc
A bullish bat pattern is almost complete in the daily chart, it provides a potential reversal level from 1.20500- 1.18515. In the larger time frames, the market is in the down-trend, so this buying opportunity is a counter-trend trade. I will wait for the market gives me confirmation signals in the potential reversal level, then decide should I long this market.

Please follow me if you want to know my trade ideas!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.