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British Pound / Swiss Franc
Short
Updated

Intraday Trade Idea GBPCHF

54
This pair tends to lag behind the rest of the GBP pairs. We are building some bearish divergence on the chart here and are at the high of the day. Will fade CHF against GBP here and monitor as we go
Note
clearly some stop hunting going on, I always split my position up, so I added my second half near 1.2215. I did not have a physical stop set but if it does decide to continue higher I will manually close. so far with the two trades running im close to break even at the moment stay tuned
Note
snapshot im getting ready to close my original position and let the higher one run, it is set to close at 1.2170. Original entry was 1.21711
Trade closed manually
Original trade closed. Higher entry running from 1.21128. Stop loss in profit.
Note
1.22128***
Trade closed manually
snapshot we are quite oversold now so I went ahead and realized profit on this trade. Hope you were able to make some money as well :)
Note
snapshot thats too bad I didnt hold a little bit longer, we would have reached target :P
ISO_EnvyFx

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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.
ISO_EnvyFx

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.