I have a Bullish Stance on the GBPCHF
- Previous Day High Broken - indicating higher price (or false break...we shall see)
- FIBO Retracement to 62%, Targeting Round Number TP#1 @ 1.11500 Near FIBO Extension 127%
- 13/50 MA Cross in H1
- 1:2+ RR (25 pips risk/55pips Reward) @ TP#1 @ 1.11500
- 1:3+ RR (25 pips risk/90Reward) @ TP#1 @ 1.11800
NB: TP#1 @ 1.11500 is also near ADR High Level. ADR for this pair is around 65pips
Use at own risk.
- Previous Day High Broken - indicating higher price (or false break...we shall see)
- FIBO Retracement to 62%, Targeting Round Number TP#1 @ 1.11500 Near FIBO Extension 127%
- 13/50 MA Cross in H1
- 1:2+ RR (25 pips risk/55pips Reward) @ TP#1 @ 1.11500
- 1:3+ RR (25 pips risk/90Reward) @ TP#1 @ 1.11800
NB: TP#1 @ 1.11500 is also near ADR High Level. ADR for this pair is around 65pips
Use at own risk.
Trade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.