GBPCHF | Perspective for the new week

With a significant breakout of the descending channel identified on the higher time frame, I am looking forward to a bullish momentum this week. This video explains how I intend taking advantage of this potential move to the upside.

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Zlecenie aktywne:

Position triggered

Transakcja zakończona: osiągnięto poziom stop:

Stopped out; we intend to anticipate re-entry at the sight of a structure that supports a reversal pattern above the key level at 1.16500.

Zlecenie aktywne:

Potential new set-up

Zlecenie aktywne:

In the last 6 hours, we have witnessed how buyers have been finding it difficult to maintain significant pressure right above the key level at the 1.16500 area. In this regard, I am having a change in perspective as if we see a breakdown/retest of the key level at 1.165000, we might be going for a bearish momentum.

Zlecenie aktywne:

We have a breakout of the key level at 1.16500 again. Let's see if there is going to be a retest of structure to add positions.

Good morning