Short: GBP/CHF
After a small climb yesterday, the chart is potentially indicating a reversal.
- Stochastic is showing the market is overbought
- Macd signal line has crossed the macd line
2TPs set, once TPhas been hit I will set a trailing stop for TP 2
- Stochastic is showing the market is overbought
- Macd signal line has crossed the macd line
2TPs set, once TPhas been hit I will set a trailing stop for TP 2
Note
UK debt hits £2Tn for the first time ever!!Note
GBP is fight CHF, leaving uncertainty on the 8am candle. Might be a time to cost average the losing trade, but I am 50/50 on reversal.Trade closed: target reached
TP1 hitTrade closed: target reached
TP2 hit
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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.