NZDCHF short bat pattern combined with trendline
Hi all,
On the NZDCHF we are going towards a completed bat pattern, at point D. This is around the 0.68 area. This is a good entry point for a short position.
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INFO ON THIS TRADE
Entry: 0.68
Stoploss 0.69
Target 1: 0.6635 (Risk:Reward = 1 : 1.8)
Target 2: 0.6535 (Risk:Reward = 1 : 3)
When being 75 pips in profit, move stoploss to breakeven or above recent structure.
Best of luck!
On the NZDCHF we are going towards a completed bat pattern, at point D. This is around the 0.68 area. This is a good entry point for a short position.
-----------------------------------
INFO ON THIS TRADE
Entry: 0.68
Stoploss 0.69
Target 1: 0.6635 (Risk:Reward = 1 : 1.8)
Target 2: 0.6535 (Risk:Reward = 1 : 3)
When being 75 pips in profit, move stoploss to breakeven or above recent structure.
Best of luck!
Nota
Perfect trade. Both targets hit
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Penerbitan berkaitan
Penafian
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.