British Pound / Swiss Franc
Long
Updated

GBPCHF - LONG TRADE

148
Symbol - GBPCHF

GBPCHF is currently trading at 1.12150

I'm seeing a trading opportunity on buy side.

Buying GBPCHF pair at CMP 1.12150

I will be adding more if 1.11750 comes & will hold with SL of 1.11300

Targets I'm expecting are 1.13650 - 1.14550





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
CMP 1.11750

Adding more quantity here.
Avg buy price now is 1.11950
Trade closed: stop reached
SL 1.11300 reached. Position closed with 65 pips SL.
I will enter again if it's showing any reversal.
Trade active
CMP 1.10100

Buying again here at CMP with day low 1.09772 SL
Trade closed: stop reached
Closed with SL 1.09772

There is shake up in all equity and forex markets because of US recession & Japan carry trade news flow so better to stay away until things get settle.

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