DLavrov
Long

GBPCHF Bullish Divergence

FX:GBPCHF   British Pound / Swiss Franc
The trading idea is based on a bullish divergence which gives a trend reversal signal. MACD supports the upward movement. RSI confirms price reversal from the support level . DMI allows opening long trades. Entry level is 1.31050 with stop orders at 1.29800 level. Profit targets are 1.33000 and 1.34500 resistance levels.
Trade closed: stop reached
My project's trading results: http://bit.ly/tvresults

2000+ people have used our courses, Crypto & Forex ideas: http://bit.ly/2zTDJPB

17.500 people get free Crypto & FOREX ideas http://bit.ly/dlavrov_telegram

My trading robot: http://bit.ly/2uNEd
Thanks for your analysis. Can I just ask why we choose a stop loss of 1.298 compared with something like 1.3?
+1 Reply
@itseasya, usually swing low work as support / stop loss and swing high as a resistance / profit target . Here 1.298 is the last swing low and 1.33 is the last swing high . Hope it helps
Reply
itseasya chinchinmayua1
@chinchinmayua1, thanks so much! much appreciated!
Reply
I am new to forex. What was the reason of that big bullish candle a couple of minutes ago?
Reply
Good predicted
Reply
Hi,
Would like to join your silver membership, but the 24.99$ for 1 month is not valid anymore? Also, the binance tips are already working? Thanks
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out