Here is another picture of a bullish set-up on USDCHF
What you are looking at, is a potential developing bearish gartley, butterfly or a crab.
Gartley: 1.01xxx
Butterfly: 1.039xx
Crab: 1.059xx
This set-up is very similar to the ones I have on AUDUSD and EURJPY
I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will tell which one of these patterns price is going to respect.
A break of 0.98400 will invalidate the set-up
Please give the chart a like as a sign of your support and leave your comments in the section below.
God bless and happy trading
What you are looking at, is a potential developing bearish gartley, butterfly or a crab.
Gartley: 1.01xxx
Butterfly: 1.039xx
Crab: 1.059xx
This set-up is very similar to the ones I have on AUDUSD and EURJPY
I can't really say for sure whether its going to be a gartley, butterfly or a crab, but time will tell which one of these patterns price is going to respect.
A break of 0.98400 will invalidate the set-up
Please give the chart a like as a sign of your support and leave your comments in the section below.
God bless and happy trading