FX:GBPCHF   British Pound / Swiss Franc
-Expanding Wedge formed on weekly chart

-double bottom formed on support trend line on the daily chart ; showing momentum to the downside has decreased.

-4H chart; 3 tests of support identify a consolidation. Also shows signs of bullish divergence .

Looking to go long..
Trade closed: target reached: 60 pip TP was hit
Comment: (For my journal) Temporary profits secured, but overall the trend was moving down.

Be aware of the trends happening within trends. Place trend lines accordingly also.

Comments

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