KVE
Long

GBP/CHF: From a bat into a Gartley...?

FX:GBPCHF   British Pound/Swiss Franc
106 2 3
See the chart, if this pair continues down then we could be close to completion of a possible bat pattern .
Reversal at that point could form the start of a CD leg of a possible gartley pattern (allthough still very premature!).

Some "magnetism" could also come from 1 of the 2 "down" trendlines.

4 possible long trades are on the chart, I am considering taking 50-60% at TP1 and 30-40% at TP2, possibly leaving the remaining part open for TP3 and TP4. SL should be safely below X of the bat and well below 1.4600.
KVE PRO
a year ago
Still valid!
Reply
KVE PRO
a year ago
Getting close to the entry point! Probably tomorrow if we get there...
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out