GBP/CHF UPDATE
Consideration point:-
1. If the trend break the DOWNTREND LINE(red color), the price will go down to find the nearest support 1.4466(horizontal line red color) and the counting i of c and ii of c is invalid and will recalculate.
2. If the price achieve 1.4680, the trend will bullish until the red box area (the best to TP 1.4750 according to the fibo). And consideration wave C of (IV) is complete.
Trade IDEA :-
BUY STOP GBP/CHF at 1.4680 TP = 1.4750 TP2 = 1.4800 SL = 1.4560
Good luck!!!!
1 comments:
Sound good...
scalping trade
swing trading
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