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JoMarshall
Jan 10, 2016 11:13 AM

2 Scenarios: Structure & Advanced Pattern on USDCHF Long

U.S. Dollar/Swiss FrancFXCM

Description

This pair has presented us with 2 different trade set-ups, one is a break and retest trade near a recent support structure and the other a potential bullish gartley pattern which will complete near another support structure just below the current support structure. In terms of risk to reward ratio, the advanced pattern will be a better option but the question is, are we gonna break this current structure that the market is just hovering above? However, regardless of which trade you take you'll still have a risk to reward ratio of greater than 1:1, after all, that's what counts for me in my trade plan. If you wanna see a more detailed explanation on this currency pair and as well as the EURUSD then watch my video below:

youtube.com/watch?v=cjtGCDu4WfI

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