Gbpchflong
GBPCHF - SWING - 16. JUNE. 2020Welcome to our weekly trade setup ( GBPCHF )!
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1 HOUR
Bullish market close above main level.
4 HOUR
Prices trading in our range now, good long entries!
DAILY
Overall bullish market after a pullback.
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FOREX SWING
BUY GBPCHF
ENTRY LEVEL @ 1.19930
SL @ 1.18590
TP @ 1.21970
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
SHORT TERM TRADE: GBPCHF will be heading towards resistance!!!As we can see GBPCHF managed to break out a strong resistance level @1.1920 with a continuation of a BULLISH momentum. What I will be seeing now is a short term opportunity for us to trade this bullish movement up till the resistance level @1.2120. If we take a look at bollinger bands, we can also see a breakthrough off the middle band and a good opportunity to see GBPCHF heading towards the upper band which is near the resistance level. As of now, I will be BULLISH for this pair and will update again when there is further movement
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