Buying GBPCHF - A higher correction is expected.

GBPCHF , GBPCHF , GBPCHF , GBPCHF

Trade Idea

A higher correction is expected.
Broken out of the channel formation to the upside.
The gap open from 1.2406 to 1.2414 has now been closed.
The bias remains mildly bearish but there is scope for a move in either direction at the open.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.

We look to Buy at 1.2450
Stop: 1.2410
Target 1: 1.2600
Target 2: 1.2675

EXPIRES AT 9PM

Trade active:

Triggered - See the video for more analysis on why we bought this today.

05:10