GBP/CHF - wait for trend confirmation
- Market price showing support at up trend line within up channel which is important for further price action
- 50 day moving average crossed 200 day moving average bullish and 100 day moving average crossing 200 day MA also soon
- MACD going down but market price move still sideways which implements furhter up movement
- Open long if next 4 hour candle close above up trend line
- open short if next 4 hour candle close under up trend line
- stop loss will be presented after short/long trade is active
wait for confirmation before entering this trade
- 50 day moving average crossed 200 day moving average bullish and 100 day moving average crossing 200 day MA also soon
- MACD going down but market price move still sideways which implements furhter up movement
- Open long if next 4 hour candle close above up trend line
- open short if next 4 hour candle close under up trend line
- stop loss will be presented after short/long trade is active
wait for confirmation before entering this trade
Trade active:
short trade is active
Trade closed: target reached
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
