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Roker1
Oct 17, 2017 10:48 PM

Long on GBPCHF Long

British Pound/Swiss FrancFXCM

Description

Hi guys,

if you know my trading style you would know why am i looking at this pair: we're bouncing back from a previous daily structure and in doing so price created a sequence of higher highs higher lows giving us an additional signal upon our long bias. If you zoom in the chart you would notice a double bottom formation happened right inside that blue box that you see in front of you. Its second bottom is followed by a little engulfing candle that gave us the final confirmation. Stops below the lows, targets as shown.

If you have questions/ideas, feel free to comment below.
Otherwise, see you in the next chart!

Trade active

Comment

Stop moved to breakeven since we got 90% of the target
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