Hi guys,
Another setup for GBP/CHF.
Best,
Jesse
Another setup for GBP/CHF.
Best,
Jesse
Note
a ZOOM IN cause it's not easy to understand the idea I must admit :-) Note
The idea is simple: We wait for the price to break the high of the mother candle. Price should be supported and test the next fib level.Note
It's a 20-pip trade, but it could potentially go higher.Note
Near the activation levelNote
Still holding my bullish view. The trade is NOT activated yet. Note
Price is still trading at the fib level + we are seeing bullish divergence with volumes suggesting buyers want to buy at lower prices. The idea is invalid if price crosses down the support (fib) level
Note
4H VIEW Note
H1 needs to close above this range, otherwise the idea will be invalid and I will start shorting it. Note
The range was broken with a strong bearish candle!I am shorting
Note
Since the idea is no longer valid and that I am shorting I am opening a new ideaOrder cancelled
Related publications
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.
Related publications
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.