IvanLabrie

GBPCHF: Very tight stop long trade!

Long
FX:GBPCHF   British Pound / Swiss Franc
Analysis on chart, we got a rising mode, 11 bars, no new low, and a breakout from a highest low channel, followed by price making a sideways correction, building up the mode and now falling into fibonacci support.
I'm long from here, with a tight stop.
Good luck if you follow me, I think it'll cross above the mode and go for the balance point.
Cheers,
Ivan.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.