GBPCHF - Long Setup 600+ Pips

FX:GBPCHF   British Pound / Swiss Franc
Hi Traders,

We are Long on GBPCHF for a couple of weeks and this was the trade of the month for us as compared to GBPUSD or GBPJPY .

We are targeting - 1.33 level, for further 600+ Pips.

Any correction to the downside could potentially mean a corrective structure in play.

Trade with care!



I would be grateful for your advice as it has almost wiped off my balance. What should I do. Is it going to reverse or will go up further ?
+1 Reply
HumairDawood mmsagheer
@mmsagheer, Hi, I may not be able to advise you on that however you can calculate your risk according to your strategy. In our room, we are trading to BUY more, Sell is short-lived.

Tip: Risk only 2% of your balance and get out of the trade if your strategy fails.

Thank you!
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