GBPCHF double combination pattern

FX:GBPCHF   British Pound / Swiss Franc
i will be looking for buy opportunities next week
the overall trend is downside, but it seems that this correction phase is about to end with a double combination structure ending with triangle and MACD divergence tells that upside momentum is increasing.
because its a counter trend trade, and the movement to upside will be another correction phase, we have to move the stop to break even as soon as our trading strategy allows.
Comment: this point is a good level for taking profit because of the channel and divergence.
if it reverse to the downside i will look for sell setup and for more upside, i wait for a correction and i will be a buyer on break out of the correction
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out