FullTimeTrader
Short

GBPCHF-double top or 2618 setup

FX:GBPCHF   British Pound/Swiss Franc
825 5 13
a year ago
I usually dont trade the 2618 setup because the SL is too far for my trading style.
But long term im still very bearish on this pair and more than that, i expect "negative" rate news for the GBP (no rate hike until nex year)

Technically we have a double top. Price is currently touching the neckline and i expect a rebound.

We have near the 0.61 fib retracement also.

Best regards.
a year ago
Comment: first target hit, you can close all positions or leave one opened, sl to be
Hiisham
a year ago
hey
thank you
Done !
Reply
FullTimeTrader Hiisham
a year ago
Thanks, its a good idea to take some profits now before the weekend, seems this trade will last long. Regards.
Reply
Hiisham FullTimeTrader
a year ago
Yes Hope that,but sadly i lost a lot of money all this weeks ago;still beginner,I follow the Analyse here :)

thank you
Reply
ccake28
a year ago
@FullTime Trader: any further update on this pair?
Reply
FullTimeTrader ccake28
a year ago
Hello, im closing all positions since this week i expect a rally for all GBP pairs.
Reply
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