Hi folks, I meant 'tested' but texted is more interesting? haha... I am long the GBPCHF (again) and for the same reason as yesterday (see the link post for details). Support for this pair continues to hold even after being tested. This 'should' mean higher prices. I hope we don't have to wait for GDP for a decent move.
My level are on the chart. I'll update if I decide to close early (which has been the case lately).
Trade safe and keep an eye on news!
My level are on the chart. I'll update if I decide to close early (which has been the case lately).
Trade safe and keep an eye on news!
Note
We should have new support, so I'm moving my stop to BE.Note
Booked profits on this one. A few PM's about my target and why not move it higher? I use risk/reward and look for logical targets in my risk/reward range. I also don't like to hold trades more than a few days (typically, unless the trade has excellent potential to run). Hope that helps.
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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.