GBPCHF LONG SETUP

3 déc. 2020

GBPCHF hit a 4 hour uptrend bottom before breaking down a consolidation area, we see that it is already reversing, heading for the resistance of the consolidation(tp1)..We can place a safe stoploss some pips below the 4h bottom that was formed, or a tight one below the 15m higher low that was formed. During the trade we secure profits on the marked areas, which consist of support and resistance areas.

3 déc. 2020

Note

tp1 hit

3 déc. 2020

Note

if you would have changed the SL above the entry, it would had been stopped, but if not, there is still potential of hitting tp2 and 3

3 déc. 2020

Note

you can still enter because it hit the bottom of the uptrend that the leg is forming

7 déc. 2020

Trade fermée: cible de profit atteinte

tp1 hit, the rest stopped above the entry