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IamJeanPaul
Jan 19, 2017 6:44 PM

GBPCHF HAS A HUGE BULLISH POTENTIAL TOWARDS 1.30 Long

British Pound/Swiss FrancFXCM

Description

Chart tells the story quite accuratley.
5 wave impuls lower has ended. Market is going to make an important Higher Low.
I see a new impuls higher has started with the fundamental "May speech" shift, i am looking for a corrective type of move towards 1.22/1.2250 for a long entry with a stop at 1.21. My first target is 1.28 and eventually i will let a part of my position run to 1.30.
I like this setup, and i am looking forward to trade it with an R:R of 1:6.

Blessings to you all.
Comments
faris.makki
nice one so far so good
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