Don't miss the great buy opportunity in GBPCHF

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.19). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCHF is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 1.1953
TP2= @ 1.1985
TP3= @ 1.2010
TP4= @ 1.2055
TP5= @ 1.2130

SL= Break below S3

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Trade active:

353 pips profit...

Total Profit: 353
Closed trade(s): 53 Profit
Open trade(s): 300 Profit

Update Details:

Closed Profit:
TP1 @ 1.1953 touched at 08.25.2020 with 53 Profit.

Open Profit:
Profit for one trade is 1.1975(current price) - 1.1900(open price) = 75
4 trade(s) still open, therefore total profit for open trade(s) is 75 x 4 = 300
All SLs moved to Break-even point.

Take Profit:
TP2= @ 1.1985
TP3= @ 1.2010
TP4= @ 1.2055
TP5= @ 1.2130