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GBP/CHF: Conditional buy order, check it out !

Long
British Pound / Swiss Franc (FX:GBPCHF)  
SwissPips Updated   
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns GBP chf GBPCHF buy Bullish Patterns swisspips setup Forex fx
6
0
trendanalysis chartpattern gbp chf gbpchf buy bullish swisspips setup forex fx
Hi guys,

Another setup for GBP/CHF.

Best,

Jesse

Comment:
a ZOOM IN cause it's not easy to understand the idea I must admit :-)

snapshot
Comment:
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.
Comment:
It's a 20-pip trade, but it could potentially go higher.
Comment:
Near the activation level
Comment:
Still holding my bullish view. The trade is NOT activated yet.

snapshot
Comment:
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
Comment:
4H VIEW

snapshot
Comment:
H1 needs to close above this range, otherwise the idea will be invalid and I will start shorting it.

snapshot
Comment:
The range was broken with a strong bearish candle!

I am shorting

snapshot
Comment:
Since the idea is no longer valid and that I am shorting I am opening a new idea
Order cancelled

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