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Wave-Trader
Jan 20, 2019 12:26 PM

GBPCHF Buy the breakout or wait for the bottom to hold  Long

GBP/CHFOANDA

Description

Hi there,
GBPCHF is in short term bullish trend and it is forming very nice short term setup for one more up move.

How you can trade on this chart.

1. Watch for the strong breakout and go long.

Or

2. Wait for the price to hit the bottom and test the 886 then look for buy close to the previous low.

In case we dont see price action for long and price keeps forming correction and keeps breaking down sharply then it will invalidate the buy setup.

Good Luck.

Comment

Comments
YoungSocietyFx
What I honestly don't get is how you are soo GOOOD!
ToeiyGenx
Very precised levels!
flyzonemethod
This is my view

There is a very strong resistance area at 1.30970.
Look for bearish signal for this zone after the price touch it.

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