GBP has been performing well late 2017 and early 2018 gaining from lows after Brexit.. GBPCHF I find is still a lot lower compared to old price range 1.40-1.55 area from 2012-2016... It has been slowly gaining momentum and the last few weeks have been very bullish.. GBPCHF has been sideways a few days in a range and a breakout seems to be forming as Im posting this idea.. The trade is very long term.. I have an account I only set for trades minimum 2 months + so I can set the trade and forget about them.. The reward is high and risk is low.. ENTRY: Current levels SL: 1.3200 TARGET 1.40-1.55
I will add on buys along the way and I won't take profits until atleast 1.40.. defending on Price action there I may hold thru... I will try to update charts every 1-2 weeks.. This is a trade for a few months possible all of 2018.. I posted a similar trade for GA long time ago and it played out perfectly.. 2,000 pips on GA...
cheers.
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We had some weak data yesterday and today, so a healthy correction.. I am adding a mother buy at this level.
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