USDCHF - Descending Wedge Pop Up - Bullish Continuation

2018年5月28日

Just finished a 3rd of a 3rd extended wave. Bullishness is still developing in the indicators. I Will give a close up view for what I expect in the short term. Long-term targets will be the following swing highs in green.

2018年5月28日

交易進行

Right now we are retesting the previous resistance on the descending wedge as support. Looking for a 580 pip return on a 7+ RR on this trade. Wave count looks pretty clear and indicators are showing bullishness. I'm liking this trade setup and have entered.

2018年5月28日

註釋

Expecting the progression to look a bit like this along these supports and resistances.

2018年5月29日

交易結束：達到停損點

Stop was hit. Found support on the bottom of the descending wedge, but may eventually break it.