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GBPCHF Trade Idea Bearish Shark And Short Opportunity

FREE TRADE SETUP

GBPCHF Trade Idea Bearish Shark And Short Opportunity 

Published 03-15-2018

CHART TIMEFRAME: 4 HOURS

PATTERN: BEARISH SHARK

PREDICTED PRICE ACTION:  GBPCHF will complete Bearish Shark Pattern at D Leg 1.34230. Possible retracement to Fibonacci 38.2 and 61.80.

TRADE: SHORT

AREA OF ENTRY: 1.34400 – 1.34200

STOP LOSS:  1.35200

TAKE PROFIT 1: 1.33000

TAKE PROFIT 2: 1.32200

NOTE: You need to wait for the Daily Closing / Opening of the candlestick to enter the trade.

IMPORTANT: Patience and Money Management are key to success in trading.  Your risk ( Stop Loss ) must be maximum 1%.

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.

 

 

 

CHARTREADERPRO INTRADAY SIGNALS
GBPCHF Trade Idea: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

 

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