GBPCHF to move on Thursday 03.02 on BOE
Interesting setup on GBPCHF in preparation for Thursday BOE.
A retest and continuation on the S&D area around 1.24800 would indicate a good long opportunity to the TP of 1.24849. For a RR ratio of 2:1
If price shoots out of the order block to the downside retesting the liquidity area around 1.24500, we could look at a short opportunity with a TP at 1.24189. The RR ration on the short is a juicy 2.7:1
On the daily , price is fighting with the 200 day EMA . I'm tempted to say that after the initial volatility of the BOE and a fadeout of the bulls and collecting all the SL's we will se a continuation for bears.
Trade safe and don't overtrade. (my greatest weakness at he moment)
A retest and continuation on the S&D area around 1.24800 would indicate a good long opportunity to the TP of 1.24849. For a RR ratio of 2:1
If price shoots out of the order block to the downside retesting the liquidity area around 1.24500, we could look at a short opportunity with a TP at 1.24189. The RR ration on the short is a juicy 2.7:1
On the daily , price is fighting with the 200 day EMA . I'm tempted to say that after the initial volatility of the BOE and a fadeout of the bulls and collecting all the SL's we will se a continuation for bears.
Trade safe and don't overtrade. (my greatest weakness at he moment)
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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.