GBPCHF | New perspective | Follow-up details
This is a follow-up detail on the GBPCHF that was published on the last weekday of last week's trading session (see link below for reference purposes) where we locked in about 150 pips profit before the close of the trading session.
With a bullish trendline (1H timeframe) being respected since the beginning of the month, I am of the opinion that we might be going further up.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
With a bullish trendline (1H timeframe) being respected since the beginning of the month, I am of the opinion that we might be going further up.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Comment:
Trade closed: stop reached:
We hit stop loss and the price is inside the temporary demand zone we projected earlier.
We look forward to a reversal structure in the lower time frame to hop in the potential rally if it happens.
We look forward to a reversal structure in the lower time frame to hop in the potential rally if it happens.
Trade smart. Trade consciously
