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ProjectSyndicate
May 31, 2023 10:03 AM

gbpchf 8hours xabcd buy/hold tp 250 pips Long

British Pound/Swiss FrancFXCM

Description

🔸speculative xabcd setup advanced entry bulls with projected
TP bulls set at 1500/1550. Recently swing low printed at 1050 at point C

🔸XABCD pattern structure is defined by point X at 1500, point A at 1100,
point B at 1375, point C at 1050 and finally point D/PRZ at 1550.

🔸Recommended strategy bulls: seek to buy/hold dips / near market price.
strong bullish setup with decent upside and risk/reward currently in bulls favor.
final TP bulls is 1550, which is point D/PRZ. conservative TP +250 pips.

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment

recently we reversed / swing low printed at point C near 1050

Comment

trade already in the green zone congrats

Comment

+100 pips and running. less than 24 hours passed so far.
Comments
Serana2324
Thank you for your analysis!
jpeacockfx
Nice setup. We agree with your analysis and hold a similar position. Best of luck my friend!
ProjectSyndicate
@jpeacockfx, excellent thank you!
DAY_PROFITS
Nice one mate ! cheers !
ProjectSyndicate
@DAY_PROFITS, made money
TradingShot
There is surely profit to be made by this idea. Thanks for sharing your view!
ProjectSyndicate
@TradingShot, already in the green zone!
YourLazyTrader
Okay this is great, upvoted :)
ProjectSyndicate
@ProCFDTrader, ++++++
TradingBrokersView
Thank you for your contribution to our trading community.
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