Ascending Channel on USD/CHF @ H4

٢٩ نوفمبر ٢٠١٥

Another ascending channel - this time on H4 chart of USD/CHF. As usually, it represents a potential bearish breakout opportunity. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the high of the breakout bar (not shown on the chart).

More information, tools, a chart template, and a free expert advisor to trade this pattern in automatic mode on
earnforex.com/blog/usdchf-in-month-long-ascending-channel/

٢ ديسمبر ٢٠١٥

تم فتح الصفقة

Entered short at 17:46 UTC with open of 1.0228, SL = 1.03093, and TP = 1.00897.

٣ ديسمبر ٢٠١٥

أغلقت الصفقة: تم الوصول للهدف

TP hit at 1.00972 today at 13:06 UTC.