GBP-CHF
My wife says im a PIG...She needs to stop looking in the mirror ;p
Take note of this key resistance turned support zone that price is currently at as I wont spoon feed you forever! So we are expecting bullish movement from this area.
This is a good area and is obviously where big banks have set orders previously, so start thinking like a big investor and start making money instead of working a dead end job to earn money just to waste it in forex because you think you are better than the markets and are looking to get rich quickly.
Our own personal strategy allows us to catch a few pips on the bounce of these zones and also catch the big move if it happens, if you would like to learn more about our strategy then give us a message.
GBPCHF SS Short + 60 Pip PotentialPrice is below the Daily and the 15 KS as well as the cloud, but above the 60 KS. This is a Type 2 trade with a High probability and good RRR.
Entry = enter short on a CLOSE, not a penetration, below the 60 KS at 1.25932
Stop = approx 1.2610
Risk = 20 pips
Profit target = 1.2530 ( The projected daily low )
Reward = 60 Pips
RRR = 3-1
GBPCHF SS Short + 90 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.2641
Stop =1.2661
Risk = 20 pips
Profit target = 1.2551
Reward = 90 Pips
RRR = 4.5 -1
2nd Entry = 1.2608
Stop =1.2638
Risk = 30 pips
Profit target = 1.2551
Reward = 57 Pips
RRR = 2-1