GBPCHF TRIANGLE BREAKOUT. BUY THE PULLBACK
Hi everyone:
WE have an excellent opportunity on GBPCHF for a long term trade. We can see the daily chart has been in a ranging market, and currently its at the bottom and rejecting support.
The 4 hr chart broke out of the symmetrical triangle to the upside. Now we can wait for a higher low to develop before enter the trade.
Potential targeting the daily fibs level of 38.20% and 81.80%
TP 1: 1.2550
TP 2: 1.2750
Thank you for your support and feedback.
WE have an excellent opportunity on GBPCHF for a long term trade. We can see the daily chart has been in a ranging market, and currently its at the bottom and rejecting support.
The 4 hr chart broke out of the symmetrical triangle to the upside. Now we can wait for a higher low to develop before enter the trade.
Potential targeting the daily fibs level of 38.20% and 81.80%
TP 1: 1.2550
TP 2: 1.2750
Thank you for your support and feedback.
Note
Here is the daily chart:
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.