First Entry was at 1.2194 Second Entry is pending order at 1.2221 Stop is at 1.2257 Target is at 1.2143
I have 5 reasons to sell GBPCHF for a daytrade.
1. Currency Strength Meter CHF is strong GBP is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bearish Divergence Signal
The Rules: If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.
like and comment to receive more analysis , thank you for your support. The trading strategy is fully explained in video below
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.