GBPCHF - SHORT TRADE

20 May 2024

Symbol - GBPCHF

GBPCHF is currently trading at 1.15600

I'm seeing a trading opportunity on sell side.

Shorting GBPCHF pair at CMP 1.15600

I will be adding more if 1.15940 comes & will hold with SL of 1.16300

Targets I'm expecting are 1.14650 - 1.13920





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

22 May 2024

İşlem aktif

ADDMORE level 1.15940 crossed.
CMP 1.16140
Adding more position here.
Average sell price now is 1.15870

22 May 2024

İşlem aktif

Volatility because of British Pound inflation data.
UPDATE : Holding with new SL 1.16550

27 May 2024

İşlem kapandı: durdurma seviyesi

SL reached. Trade Closed.

30 May 2024

Not

It hit my SL & then reversed from 1.16600
Just 5 pips above my SL level.
CMP is 1.15705
It would have been in profit now if it was active!

5 Haz 2024

İşlem kapandı: hedefe ulaştı

Although my trade was closed with SL but it exactly reversed from that zone and Hit both targets.
View was absolutely right but SL hit because of inflation data news flow on that day!