USD.CHF

[arco]

Morning Peat

The B leg is over 618 so may be some more south movement left.

[peat]

yeh I got 90 off that last night. :+)

[arco]

Morning Peat

The B leg is over 618 so may be some more south movement left.

...............that was a nice 250 pip move south, and the action is now printing in the potential BF reversal zone.

[peat]

from a freebie vid from EWI

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Peat

Interesting set-ups on the chart at the mo.

Are you targeting the uptrend line (H1/H4 chart) or a bigger move? (Uptrend line daily - from potential Gart). Target circa 1.0530-1.0600

targets are 1560,1520, and 1310.
working on shorter time frames
but probably more concerned about stops atm. have the largest two set to break even now.
a=b hasnt quite happened , so could be another push up? above 1630 reduces likelihood of success because the first push down went to there eg if thats wave 1 down then we cant go back above that in 3
above 1680 count is completely wrong as that is wave 2.

[arco]

Hi Peat

Looks like the action might be forming a mini-Gartley/or BF at the end of the maxi Gartley. Hourly chart.

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a third of the trade got stopped out -50, a third at +100, remaining third now at +240, with the target on that still 130 away.

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since that big fall the other day I've been selling at evey fib level we hit during the retracement with stops above 1900.

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previous post starting to work now with sells at the higher fibs up a couple of hundred.

[miner]

Nice run this arvo-evening and eur/usd the other way as usual.

Cheers
Miner