GBpchf head n shoulder governing pattern with Ascending triangle

6 Oca 2021

GBPCHF is showing us with interesting patterns that will provide a good risk to reward trade. first we have the Head and shoulder which dictated price downwards. now it seems we have a support base formed and an ascending triangle price pattern with double bottom and inside bar.

We will sneak in a buy stop above the high of the inside bar with first target at the resistance of the ascending triangle

7 Oca 2021

İşlem aktif

trade activated at 1.1985
stop loss @ 1.191
TP@ 1.22

13 Oca 2021

İşlem elle kapatılmış

Trade manually closed at 1.2104 due to bearish pressure setting in around 1.2163... gained for 119 pip gain