GBPCHF LONG
Market is oversold in a larger bull trend.
We are looking to take this long swing for the next 1 to 2 weeks or so.
Entry: 1.2785
Stop loss: 1.2667 (4 hour candle must open and close below this level) we will be adding to position if it does not invalidate the trade.
Take Profit: 1.29 -1:1 RR
Take Profit 2: 1.3033 1:2 RR
Take Profit 3: 1.3192 1:3 RR
As always we will keep this trade updated on this tread!
Let's keep the pips coming!
We are looking to take this long swing for the next 1 to 2 weeks or so.
Entry: 1.2785
Stop loss: 1.2667 (4 hour candle must open and close below this level) we will be adding to position if it does not invalidate the trade.
Take Profit: 1.29 -1:1 RR
Take Profit 2: 1.3033 1:2 RR
Take Profit 3: 1.3192 1:3 RR
As always we will keep this trade updated on this tread!
Let's keep the pips coming!
Note
Adding more here at 1.27Note
Tapped SL however, no 4 hour open and close below the level. I will still be holding
Note
Consolidating before the move up potentially.I did expect the move to happen already though, so keeping an eye on the stop loss break and close on the 4 hr.
Trade closed: stop reached
Still looks valid to me but based on rules we took the -1R stop loss.
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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.