Observing GBPCHF's current price action, there's a discernible pattern hinting at a potential ascent towards a new higher high. The outcome beyond this juncture remains intriguing – the currency pair could opt for a sustained upward trajectory, leveraging the momentum, or opt for a temporary consolidation, strategically recalibrating before charting its subsequent course. In the dynamic realm of financial markets, such junctures often present opportunities for strategic positioning, reflecting the interplay of market forces and sentiment. As we navigate these waters, staying attuned to the market's nuanced cues becomes paramount.
Trade active:
Always remember to use proper risk management.
Comment:
Still holding unto this.
Comment:
Finally GBPCHF is starting to show upward momentum after making a retracement. Expecting to see it make a new high where I will be taking partial profit and letting the rest run.
Trade closed: target reached:
GBPCHF finally got to our take profit. I already closed partial profit, I am letting the rest position run with the trend till it get exhausted.