GBPCHF : RETRACEMENT OPPORTUNITY AT 1.46054
The price has reached fibo extension 100.0 (AB=CD), and resistance of 200 SMA at 1.46054 and some bearish candle pattern appeared. Looking for a short opportunity at towards near 1.42000 seems a little bit attractive.
TRADE IDEA:
LOOK FOR SELLING OPPORTUNITY TOWARDS 1.42000
SL : 1.46500
TP : 1.42000
TRADE IDEA:
LOOK FOR SELLING OPPORTUNITY TOWARDS 1.42000
SL : 1.46500
TP : 1.42000
Note
Close half position and keep another half position with its SL adjusted to 1.44570
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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.
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.