GBPCHF Quick Long Setup 1.22 / 1.2235

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Hello traders,

The corrective flat structure within the bigger corrective/reversal pattern looks to be finished.
Don’t expect a full reversal even though that is possible.
For now, We have this quick 1.15:1 RR setup.

SO 1.20182
TP 1.22351
SL 1.18297


Check out some of my other ideas down below.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below.
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Thank you,
Good luck
Ghi chú
Hello guys, I am looking to manually close this trade soon because with the current price action in my opinion it is more likely that the setup will fail and dump.
Ghi chú
Moved my stop loss to 1.1951 because it might just dump quickly so I want to cut my losses. If it slowly goes back up to my entry I will close for BE.
Ghi chú
Price is coming back up strongly, I will be waiting for break even and watch the action closely in smaller time frame. I will update you on what I do next!
Ghi chú
Stop loss moved to 1.1986
Giao dịch được đóng thủ công
Took break even, I will wait for another setup.
Ghi chú
To anyone who is still in the trade, congratulations you are doing well so far.
I had to go to sleep so I didn't want to risk staying in it. If I get another good setup I will take it and update you.
Ghi chú
Move your stops or take your profit. Don't risk getting taken out for break even after this whole move.
Ghi chú
Good job to all who took this trade!
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