TATCH 👻 TRADING JOURNAL: [CAD/CHF] in for a correction ? NICE LOOKING PATTERN

in #money7 years ago (edited)

Hello !

CAD/CHF lost close to 500 pips since beginning of 2018 but it's now exposing a nice potential reversal pattern

Price action

Capture d’écran 2018-02-26 à 22.33.43.png

Plan

Best would be to take 'fakeout' low as entry long or any continuation pattern, use tight SLs.
In such context 'high' of the channel is generally take out (TP3) which makes it a good target (almost 300pips) and allow for high R:R if you keep you SLs below 30pips...

Don't hesitate to join us on Telegram, upvote, share and ask questions in comment section.

Much love

Cédric

Tatch Capital Limited

https://TatchCapital.Com

[TCN]: Tatch Convertible Note (aka TatchCoin)

https://tatchcapital.com/token.html

[EUR/TCN]

https://wallet.tatchcapital.com/market/TATCHCOIN_EUR

GuldenTrader

https://guldentrader.com

GuldenBites

http://guldenbites.nl/en/
@originalworks

All disclaimers and common sense apply.
No advise, just personal commentary.
"Never go full retard".

Sort:  

Nice! I think so too. Following. Check out my FX ta and consider following me back. Hi 🖐🏼🙂

Coin Marketplace

STEEM 0.20
TRX 0.26
JST 0.040
BTC 101672.76
ETH 3666.48
USDT 1.00
SBD 3.15