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VladimirRibakov
Mar 24, 2016 11:00 AM

GBPCHF Buy Idea Long

BRITISH POUND / SWISS FRANCICE

Description

GBPCHF Buy Idea

After this pair did a triple cycle down on the lager TF we are looking for the cycle reversal level. The top TL is broken and we see a bullish convergence.
We now need to see a double wave retrace in order to buy.
We have a bullish divergence to support our idea.

SL last low + 2 pips + spread
TP1 1.3923
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