A buy on CADCHF before the big sell at 0.77

I see a bullish bat pattern forming around 0.7525 which complements the big pattern to short at 0.7700.

A few weeks back we shorted at 0.7700 and now there is a type 2 test of this level.

It is also nice to see another H4 Gartley coming around the same level.

Zlecenie aktywne:

Trade triggered about 1 hour ago.

Zlecenie zamknięto ręcznie:

Took 5 pips off this trade. Looking for a 2nd entry now.

Zlecenie aktywne:

Went in for the 2nd time. Stops below 0.75 (30 pips) and targeting 60 pips.

Zlecenie aktywne:

Switched to Breakeven. Running with 35 pips profit and will update when I take profit.

Komentarz:

This trade is running with 125 pips now. The target is still 0.77