( +100 , +150 , +170 , last pos running) GBPCHF power bearish engulfing WR2B

I will see this trade as ” one good trade” type of trade as just 6-10 hours of movement have brought the overall profitability of week up, offseting losses in NZDUSD and USDJPY, as well as big misses in gbpcad and euraud.

Criteria for this trade were:

1.D1 ED channel top
2.W1 res(2009) near top of price
3. Wr2B completed via
4. power d1 bearish engulfing cum expansion which engulfed the previous d1
bullish expansion
5. 1234 seen with tx bb confluence near wr2b box high
6. h4 bearish doji formed to complete the h1 1234

Price plunged and I was very satisfied with this trade.

week4 gbpchf d1 ed channel big picture 250114

week4 gbpchf wr2b power engulfing one good trade 250114

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One thought on “( +100 , +150 , +170 , last pos running) GBPCHF power bearish engulfing WR2B

  1. Pingback: GBPCHF h4 right Shoulder sell limit trade | Naked Chartist

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