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UnknownUnicorn180388
Mar 10, 2017 12:43 PM

USD.CHF - x2 Bullish Pattern Setups Long

U.S. Dollar/Swiss FrancFXCM

Description

On the USD.CHF 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Bat & Bullish Cypher setup.

Bullish Cypher Setup ( Grey ) - D leg completion 1.0043
Target 1 - 1.0092
Target 2 - 1.0122

Bullish Bat Setup ( Blue ) - D leg completion 1.0082
Target 1 - 1.0116
Target 2 - 1.0137

Comment

Price has now spiked into the Bat D leg completion at 1.0082

Comment

This is not a pair i personally executed a position on due to it not meeting my rules for entry, however price quickly approaching Target 1.
If you are uncomfortable leaving it over the weekend then i would be sure to close it in plenty of time.
Comments
Yakir
Good job
Our tp2 as per sell - 1.0820 !!!!
UnknownUnicorn180388
@Yakir, I hope all goes well :-)
Yakir
@tomhall, but don't hit the orders in 3 pips !!!!
UnknownUnicorn180388
@Yakir, It all depends on an individuals entry strategy if they front run order to take spread into consideration.
Yakir
@tomhall, agreed
quakeq8
Thank
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