ahmir

3rd trade Stay long on gbpchf

Long
ahmir Updated   
FX:GBPCHF   British Pound / Swiss Franc
1st trade wasnt quite ready but still left with progit so this is the re entry ..better entry point with targets the same as previous trade setup

entry 3068

adjust stops daily like last time and always
Comment:
clear tag of the trend line break is coming
Comment:
as with most chf pairs lots of patience required ...some progress today on the tagging of the upper trend line...higher finish on the daily and a strong break this week will lead to a explosive move up ..just will take a bit of holding
Comment:
textbook break ...beautiful also more good uk data ...2 more points hot weather +further england goes in wc also expect better data in term of spending ..hike is surely now on the cards
Comment:
brexit drama but it is back at the same level a the open so still holding as entry was good
Comment:

clear break 3200 entered should see us head to 3400 area - move stop end of day

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