FullTimeTrader
Long

USDCHF-bouncing on big triangle

FX:USDCHF   U.S. Dollar/Swiss Franc
1149 6 28
This pair is consolidating within a big triangle visible on monthly chart:
snapshot


On D1 chart:

- parallel channel
- 0.61 fib retracement
- 1.61 fib extension
- MACD bullish divergence

No matter the results of the NFP news tomorrow i think the SL will hold. We can wait and look for an entry after the news also

Best regards.
Looks like AB about to start C up...or 1-2 pending 3.
Let's go for it!
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FullTimeTrader IvanLabrie
2 years ago
You are right!, i have a 1-2 pending 3 according to EW so this can be a big move
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IvanLabrie PRO FullTimeTrader
2 years ago
If we are right, like gbpnzd...we're in for a nice trade ;)
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charliejory
2 years ago
Hello there, I have been looking at your trade ideas and I like them very much and hope to take some ideas. I wanted to know why I can not see your green and red annotated stop and target levels on the chart when I open it up but can before doing so e.g on your main page. I can see the levels you have set just not the text. Thank you.
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FullTimeTrader charliejory
2 years ago
Hello, thanks for your words. I dont know what would be the issue, never happened to me. It would be better to ask the support of tradingview.
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Stroggwars.
2 years ago
Good, i think the pair should test the trend line in red 1 more time wait for a bull candle formation (Bull harami - Engulfing - pin bar ) that type of bullish candles or even 2 bar reversal
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