Hello traders, GBP/CHF is approaching a multi-week resistance zone from where
price could potentially fall 200+ pips.
This zone has has worked as a strong resistance in the past, and if there is bearish
price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525
with Stop Loss above the 1.1550 level and TP at 1.13
price could potentially fall 200+ pips.
This zone has has worked as a strong resistance in the past, and if there is bearish
price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525
with Stop Loss above the 1.1550 level and TP at 1.13
Note
90+ pips profitNote
Very close to TP, current profit : 148 PipsTrade closed: target reached
GBPCHF fell to 1.1176 today, which is exactly what I indicated in my idea and chartProfit : 300 Pips
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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.
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.