GBPCHF, daily tf, bulls in control after 3 weeks consolidation
Hello my friends,
Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point
There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest.
I am gonna buy GBPCHF if it come to retest it on Monday.
The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500
Buy GBPCHF 1.2030
Stop loss 1.1890
Take profit 1 @1.2200
Take profit 2 @1.2450
RR ratio 1:3
Good luck
Here is a good setup for GBPCHF pairs, price has failed to closed above 1.2030 resitance since August 3rd. The first time GBPCHF reach it, they got rejected and price then consolidating for 3 weeks. Finally the Friday candle closed above it and i think GBPCHF ready to go higher from this point
There is a chance during Monday, price could go down to retest 1.2030 as a support, this will be our cue to buy GBPCHF on the retest.
I am gonna buy GBPCHF if it come to retest it on Monday.
The nearest resistance is at 1.2200 area, after price breaking above this area it could be a highway until 1.24500
Buy GBPCHF 1.2030
Stop loss 1.1890
Take profit 1 @1.2200
Take profit 2 @1.2450
RR ratio 1:3
Good luck
Nota
TP 1 reachedPartial profit taken and now hold for TP 2
Dagangan ditutup: sasaran tercapai
i closed this trade at tp1booked +170 pips profit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.