sborja72

Short Term Buy GBP/CHF

Long
FX:GBPCHF   British Pound / Swiss Franc
Price has broken weekly structure. We see on our 4 hr chart a bullish flag. We want to enter on our new higher low that price has created, which is on the 50.0% FIB level. We'll set our TP to the previous higher resistance which is our -0.27 fib level.

Entry: 1.11400
TP: 1.11913
SL: 1.11054
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.