GBP CHF H4
Sell 1.19450
SL 1.20525 (Loss 113 Dollar)
TP 1.17650 (profit 190 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
4. I am unaware of CHF development
Risk to reward 1:1.
Disclaimer on
Please use proper money management; may the Pips be with you :)
Sell 1.19450
SL 1.20525 (Loss 113 Dollar)
TP 1.17650 (profit 190 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
4. I am unaware of CHF development
Risk to reward 1:1.
Disclaimer on
Please use proper money management; may the Pips be with you :)
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.
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.