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JD_FX
Aug 21, 2020 6:05 AM

Short: GBP/CHF Short

GBP/CHFOANDA

Description

After a small climb yesterday, the chart is potentially indicating a reversal.
- Stochastic is showing the market is overbought
- Macd signal line has crossed the macd line

2TPs set, once TPhas been hit I will set a trailing stop for TP 2

Comment

UK debt hits £2Tn for the first time ever!!

Comment

GBP is fight CHF, leaving uncertainty on the 8am candle. Might be a time to cost average the losing trade, but I am 50/50 on reversal.

Trade closed: target reached

TP1 hit

Trade closed: target reached

TP2 hit
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