USDCHF: FAILED TO EXECUTE A PATTERN-BEARISH.
Hi traders,
In a day time-scale, the chart setting a solid base in favour of a hike for CHF.
At the point 0.95828, the market executed a potential impulse and hoisted a flag correction.
After a correction formation, the chart printed a powerful impulse to break the pattern.
Usually, an impulse is followed by the correction break out. But the chart emitted a triangle formation instead of impulse (shown in the graph).
By the triangle execution, I'm suspecting one more break out yet to happen in beneath the triangle formation(shown in the graph).
If the breakout executed means, signals may form a thunderbolt structure (i.e) an impulse to down and a correction to the top again back to down (shown in the graph).
Or else end the trade at 1.00150.
KEEP EYES ON CHART, WATCH THE MOVE AND DECIDE YOUR TRADE.
SIGNAL SPECIFICATION:
Pair: USDCHF
Order: SELL
Entry: 0.99208
Take profit 1: 0.98035
Take profit 2: 0.96665
Stop loss:1.00150
Risk Vs Reward:2.78
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
In a day time-scale, the chart setting a solid base in favour of a hike for CHF.
At the point 0.95828, the market executed a potential impulse and hoisted a flag correction.
After a correction formation, the chart printed a powerful impulse to break the pattern.
Usually, an impulse is followed by the correction break out. But the chart emitted a triangle formation instead of impulse (shown in the graph).
By the triangle execution, I'm suspecting one more break out yet to happen in beneath the triangle formation(shown in the graph).
If the breakout executed means, signals may form a thunderbolt structure (i.e) an impulse to down and a correction to the top again back to down (shown in the graph).
Or else end the trade at 1.00150.
KEEP EYES ON CHART, WATCH THE MOVE AND DECIDE YOUR TRADE.
SIGNAL SPECIFICATION:
Pair: USDCHF
Order: SELL
Entry: 0.99208
Take profit 1: 0.98035
Take profit 2: 0.96665
Stop loss:1.00150
Risk Vs Reward:2.78
Our Unique Features:
1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.
Best
Forextamil
----------------------------------------------------------------------------------------
If you find it useful, hit the like and comment.
follow our updates for more profitable trades.
Trade closed: stop reached:
Wanna be a successful trader?
Then learn to fail, the only way to push yourself.
Stop loss hit, close the trade. Our plan is efficient trade not an over trade.
Happy weekend.
Then learn to fail, the only way to push yourself.
Stop loss hit, close the trade. Our plan is efficient trade not an over trade.
Happy weekend.
