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UnknownUnicorn2215917

GBPCHF BULLISH IDEA

British Pound / Swiss Franc (FX:GBPCHF)  
UnknownUnicorn2215917 Updated   
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Wave Analysis learntotrade GBPCHF longtrade
3
0
trendanalysis chartpattern waveanalysis learntotrade gbpchf longtrade
-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.
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