GBPCHF Buy Idea
After this pair did a triple cycle down on the lager TF we are looking for the cycle reversal level. The top TL is broken and we see a bullish convergence.
We now need to see a double wave retrace in order to buy.
We have a bullish divergence to support our idea.
SL last low + 2 pips + spread
TP1 1.3923
After this pair did a triple cycle down on the lager TF we are looking for the cycle reversal level. The top TL is broken and we see a bullish convergence.
We now need to see a double wave retrace in order to buy.
We have a bullish divergence to support our idea.
SL last low + 2 pips + spread
TP1 1.3923
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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.