Pound to end the weakness? - GBP/CHF Ichimoku Long Trade Setup
This is a second entry on a previous trade setup that we took a look at.
We're already running in profit from the previous trade setup, but we've gotten a bullish TK cross and I'm watching for the pound to try and push higher.
We have been consolidating a little bit here but especially if we can break up and above the first target line for the new trade, we should be able to get a big rise.
We can try to entry right at market open or wait for an actual touch on tenkan sen for a confirmed buy entry.
If we fail to hold support or climb higher, then this setup may become invalidated.
We're already running in profit from the previous trade setup, but we've gotten a bullish TK cross and I'm watching for the pound to try and push higher.
We have been consolidating a little bit here but especially if we can break up and above the first target line for the new trade, we should be able to get a big rise.
We can try to entry right at market open or wait for an actual touch on tenkan sen for a confirmed buy entry.
If we fail to hold support or climb higher, then this setup may become invalidated.