Trade idea - GBPCHF Long

Aug 20

4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

=Buy limit.

1% risk.

Aiming to take full profit at Daily TP.

Aug 20

Note

WEEKLY

Clear support & resistance zones are there.
Market can potentially find support now.

Aug 20

Note

DAILY

Bullish impulse / High: indication.

Bullish M pattern: confirmation.

Clear support & resistance zone is there.

Aug 21

Trade active

Active.

Aug 22

Note

Running risk free.

Aug 29

Trade closed: stop reached

Break even.