AbdullahDjendel

GBP CHF - Long Flashcard

Long
OANDA:GBPCHF   British Pound / Swiss Franc
GBP CHF Long Flashcard
- Pair reversed along with all major GBP's therefore pair was in bullish uptrend
- Double bottom pattern emerged with RSI @ or near 32 on TDI
- The entry was at the second swipe at the low which was maintained within purple box (could wait for 13 ema candle close above)
- Exit @common 200 ema resistance for TP 1 or @ RSI hook back in volatility bands TP2 (or RSI vs Signal line cross)
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.