A follow-up detail on the GBPCHF was published last week (see link below for reference purposes) where we closed with around 60pips profit when the price hit our stop-loss.
Now, the structure is tending to reveal to us another opportunity to give a buy situation another chance as the bullish trendline identified on the 1H time frame shall serve as our yardstick for a trend continuation.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.