USDCHF: Bullish AB=CD pattern Long
U.S. Dollar/Swiss FrancFXCM
Beschreibung
⋅ Hi traders,
On the USDCHF I'm looking to enter long at just above 1.00700. Why?
- 61.8% Fibonacci retracement of XA
- Completed AB=CD pattern (100% Fibonacci extension of ABC)
- 127.2% Fibonacci extension of the ABA move
- Previous structure
- Continuation of the trend
Entry: 1.00715
Stop: 1.00608
Target: 1.01149 = R:RR 4.06
Good luck traders! Updates will follow.
Trade geschlossen: Ziel wurde erreicht
⋅ Picture perfect!
Kommentar
⋅ Good start of the week guys!