A trade which is one of my favourites at the moment, if we see rejection from the trend line as well as the 78.6 level will be taking a long up to the -68.7 fib level. 250 PIP GAIN 8/1 RR
Note : last week daily closing price was formed a bearish pinbar, this pattern bounce off from our key resistance level. it's a good call guys ;) ... i'll give an update if the short signal is ready **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
Wait for the candle on the four hour chart to close below the support and wait for a retest as confirmation then go short Take profit 1: 1.25600 Take profit 2: 1.24050 Stop loss: 1.28020
GBPCHF DAILY SHORT - WAIT FOR CLOSE UNDER RECTANGLE
Also some good fib touches, and matches to elections. Buy 1.2450 for 1.2850