Quick scalping/intraday profits for the continuation on GBPCHF
Here as you can see the market break the critical area with an aggressive move and went for the re-test with a very correctively move to the critical area (resistance), to continue the bearish move.
Yesterdays GBP news help the market to break that area and to continue the bearish move.
---> Very good entry point with a quite good take profit targets to finish your week with a great profits.
RISK MANAGEMENT:
At 1:1 move on BE OR take Parochial Profits if you want.
At 1:2 Take 50% Parochial Profits and move Stop Loss to 1:1.
* If the market struggles to break the previous low, then close the trade.
* If the market break the previous low with a sharp move --> extend your take profit target at 1:3
HAVE FUN AND HAPPY PROFITS ! ! !
Yesterdays GBP news help the market to break that area and to continue the bearish move.
---> Very good entry point with a quite good take profit targets to finish your week with a great profits.
RISK MANAGEMENT:
At 1:1 move on BE OR take Parochial Profits if you want.
At 1:2 Take 50% Parochial Profits and move Stop Loss to 1:1.
* If the market struggles to break the previous low, then close the trade.
* If the market break the previous low with a sharp move --> extend your take profit target at 1:3
HAVE FUN AND HAPPY PROFITS ! ! !