This pair is in bullish trend and made a bearish flag which is a trend continuation patter. I have planned my entry at the pole's breakout. I have also checked the currency indices of GBP and CHF. GBP is in bearish trend where as CHF is in bullish trend which is an indication of short trade.
The Signal is:
EP: 1.12967
SL: 1.14202
TP: 1.1173
RR: 1%
Lots: 0.07
The Signal is:
EP: 1.12967
SL: 1.14202
TP: 1.1173
RR: 1%
Lots: 0.07
Trade closed: target reached
TP Hit.
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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.