USDCHF gartley pattern with trendline
Hi all,
On the USDCHF we have a long entry between the 0.95 and 0.96.
Reasons?
1. The previous red trendline was broken and will make a retest at that point
2. The blue trendline is drawn there
3. The red gartley pattern will be completed at the 88.6 fib
4. There is clear previous support & resistance at those levels
Targets are 0.98 and 1.01
Best of luck!
On the USDCHF we have a long entry between the 0.95 and 0.96.
Reasons?
1. The previous red trendline was broken and will make a retest at that point
2. The blue trendline is drawn there
3. The red gartley pattern will be completed at the 88.6 fib
4. There is clear previous support & resistance at those levels
Targets are 0.98 and 1.01
Best of luck!
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