GbpChf - Short analysis
Updated
Bearish Gartley on GbpChf
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PRZ:
- BC: 1.618 fib ext at D point
- ABCD: 1 fib ext
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1) Out of Bollinger Bands? YES (H1)
2) RSI divergence? YES (H1)
3) SR - GZ - TL - MA - QP? YES (SR, GZ)
4) Rejection type? Shooting Star
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- Entry Price: 1.18880
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- SL: 1.19180 (30 pips)
- TP: 1.17580 (120 pips)
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Trading plan:
---
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Legend:
PRZ: Potential Reversal Zone
SR: Support/Resistance
GZ: Golden Zone
TL: Trend Line
QP: Quarter Point
MA: Moving Average
|
PRZ:
- BC: 1.618 fib ext at D point
- ABCD: 1 fib ext
|
1) Out of Bollinger Bands? YES (H1)
2) RSI divergence? YES (H1)
3) SR - GZ - TL - MA - QP? YES (SR, GZ)
4) Rejection type? Shooting Star
|
- Entry Price: 1.18880
|
- SL: 1.19180 (30 pips)
- TP: 1.17580 (120 pips)
|
Trading plan:
---
|
Legend:
PRZ: Potential Reversal Zone
SR: Support/Resistance
GZ: Golden Zone
TL: Trend Line
QP: Quarter Point
MA: Moving Average
Trade closed: target reached
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