HamzaLeith
Long

GBPCHF heading down a bit but going up towards previous highes

FX:GBPCHF   British Pound / Swiss Franc
Idea is based on a combination iof median line analysis and Fibonacci ratios. Don't hesitate to ask if you want to know more. Chart contains all reasoning behind this technical analysis and concrete targets and stop loss!. One can argue that going long from current price is not bad considering the RR, however personally I would wait for the price to stabilize of head a bit higher before going long (if the green entry price is not reached) Good luck.
experimenting a bit with elliot wave, possible target 3
+1 Reply
HamzaLeith HamzaLeith
ignore my last comment, this is how I think it would look like in a perfect world :)
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HamzaLeith HamzaLeith
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HamzaLeith HamzaLeith
Congratulations to all of you who made profit on this one!!
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forexfox HamzaLeith
good
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