Long GBPCHF
Weekly TF shows a large C-clamp. We are anticipating a Kijun bounce on the daily TF. If the Kijun bounce does occur, an N wave may be formed. We are looking for a better entry point to maximize our risk to reward ratio. Monthly TF shows a walking dragon in the making. Notice how the weekly resistance from kumo and monthly Kijun match so perfectly with the Fibonacci values.
Trade active
Running with good profits.
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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.