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BACapitalManagement
Jun 5, 2018 12:57 PM

Areas that may bring support to GBPCHF Long

GBP/CHFOANDA

Description

Price may be finding support around 1.295, 1.31, and 1.35. So, I will be looking for bull candles on the daily time frame around these price levels. If I see bull candles on the daily time frame, then I will move to the 1H to place buy limit orders at previous market levels.

Comment

Bull candles posted during late May.

Comment

Rough look at entries and stop losses. Risk is 1/4% of account deposit.

Comment

Bull candle posted on daily time frame.

Comment

Rough look at entries and stop losses on 1H time frame.

Comment

Bull candle posted on daily time frame.

Comment

Rough look at entries and stop losses on 1H time frame.

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