USDCHF AB=CD Pattern Nearing Completion 01/12/2017
This is a very similar view/scenario to my DXY chart published earlier today. The pattern has technically not completed so I am ready for some more down and I will be careful to watch for warning signs (bearish price action-- impulsive candles, bearish pinbars, etc.) before entering. I plan to update this on the smaller time frames (1h and 15 min) when I see something worth updating.
This is not meant to be a trading signal so please do not use it as one -- I still have very much to learn as a trader and none of my ideas are trading advice. That said I always appreciate any comments and feedback on my charts and ideas!
This is not meant to be a trading signal so please do not use it as one -- I still have very much to learn as a trader and none of my ideas are trading advice. That said I always appreciate any comments and feedback on my charts and ideas!
Trade active:
