ChrisJV

ChrisJV

Simple. The price reached an important level 0.85817, it touched it 3 times forming a 3 top. The shadows and the smallness of the candles indicates that it's difficult at the moment for the price passing that level. This triple top is not very beauty but we have RSi suggesting a divergence, volume increase at the trendline breakout and at the end the trendline...

ChrisJV

if it broke the flag, you know what to do ;) there are many harmonics here, let's see

ChrisJV

WHY? Because we have 2 important harmonic pattern at 0.69678 and an important support, let's see

ChrisJV

We have to wait to consider this triangle

ChrisJV

Gartley pattern.Opened a position and set the set up to have a risk revard of 2. anyway you can set it on on 38.2 and 61.8 of AD

ChrisJV

that's not a beauty gartley, let's see what happend.. I had put the profit to have a risk reward of 2.0 but with the retracement of 61.8 you can have a good payback

ChrisJV

ehy guys sry for the late entry, but you can still gain some money. Cypher intraday, profit lil bit lower than 61.8 because of the price level preciously touched. let's see

ChrisJV

Late entry on gbp/chf, trailing stop to take this profit home

ChrisJV

Late entry on this pattern, it's up to you entering or not

ChrisJV

It could reach the 127.2 but it's a not clear pattern, there was a spike that i have not considered in the leg and it could be an important price level. Wait before entry, and get other inversion signals

ChrisJV

il pattern ha rotto non solo la neckline ma anche un'importante livello di presso, possibile posizione short

ChrisJV

Il pattern si sta formando, probabile investione il cui profitto è fissato al 61.8 di CD