Wednesday, 25 April 2012

GBP/CHF Analysis

Bullish pinbar candle on daily timeframe Off support at 14619 Rejection off 8ema Trend up Moving Averages pointing up Order as per below, one cancels the other STOP: 50% retrace of candle: 14607 Break of pin bar high: 14652 ENTRY: 50% retrace of candle: 14664 Break of pin bar high: 14721 LIMIT: 50% retrace of candle: 14835 Break of pin bar high: 14859 RISK/REWARD: 50% retrace of candle: 3/1 Break of pin bar high: 2/1

3 comments:

  1. Break of pinbar high triggered

    ReplyDelete
  2. Trade still looking ok, will move to b/e once or if it hits 14791

    ReplyDelete
  3. stop moved to b/e earlier and taken out

    ReplyDelete