francesgurton

GBPCHF - ascending Triangle

Long
FX:GBPCHF   British Pound / Swiss Franc
Seeing a continuation pattern forming on GBPCHF .

The ascending triangle is an indication of a continuation of a trend.

GBPCHF has been in a strong uptrend for a few weeks. We see an opportunity to jump in on this trend following a break out of the triangle at 1.2970.

This is nice risk-off trade, following the trend and keeping a nice tight SL just below the support of the structure.

Comments

Nice
+2 Reply
Nice chart work
+2 Reply
@stoko29 thank you 🙏🏼
Reply