Noldo

GBPCHF : Forecast

Short
Noldo Updated   
OANDA:GBPCHF   British Pound / Swiss Franc
Hello Traders.
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More importantly, let's get into comment sharing!

Let's start :

First of all , this is my first forecast idea.
Normally i like to share targets with Stop-Loss and Risk/Reward Ratio.

But today i just catched a nice hint on Terminal (Relativity Adaptive Period) :


The increases are almost the same, but when we look at the change of the COT Positions, the CHF is obviously advantageous and the decreases are more buyers.

***
However, it would be an unattractive trade in terms of the trigger status of the Bullish Wedge and the Risk / Reward Ratio.
So let's wait a little longer, if the target finds itself, we will be from a very small gain.
But if it comes up above, we will have a nice short trade with the support of beyond technical analysis cases.

I will never give up on Oldschool Trade, but such predictions allow us to stay fit and not forget.
So if I don't see anything clear, I will share this kind of document and document my own notes.

NOTE :

This idea will be updated from a nice point, which is advantageous Risk/Reward Ratio if I can catch it.
Position Amount will be 0.5%.

Regards.
Trade closed: target reached
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