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AGold54
May 15, 2019 1:12 AM

GBPCHF Potential Homerun Long Long

GBP/CHFOANDA

Description

GBP has been weak for several days and CHF Strong. this pair has now formed a triple bottom with compression at 1.3099. Although the cloud remains thick, it is flattening. There is a high probability that this pair can explode up to The Daily Senkou A at 1.3109 (the Green line)

Entry = 1.30115 (accouting for spread)
Stop =1.29915
Risk = 20 pips
Profit target = 1.3109 ( The Daily Senkou A )
Reward = 98
RRR = 4.9 -1

Trade active

This trade has been triggered and is now Active

Trade active

The market ripped trough our entry, breaking support. If the opportunity to get out flat presents itself, take it

Trade closed: stop reached

Unfortunately, this one did not work out.
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