GBPCHF - SHORT TRADE
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!
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!
Trade active
ADDMORE level 1.15940 crossed.CMP 1.16140
Adding more position here.
Average sell price now is 1.15870
Trade active
Volatility because of British Pound inflation data.UPDATE : Holding with new SL 1.16550
Trade closed: stop reached
SL reached. Trade Closed.Note
It hit my SL & then reversed from 1.16600Just 5 pips above my SL level.
CMP is 1.15705
It would have been in profit now if it was active!
Trade closed: target reached
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!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.