Hi guys,
simple setup on GBPCHF. We've recently broke and closed above a daily structure zone and we're back to retest it right now. Price has formed a nice double bottom and it held the structure so far. Therefore, i'm buying this at market and aiming to take first target off at the neckline and possibly second target up at the next daily structure zone.
If u have questions, feel free to ask.
Otherwise, see you in the next chart!
simple setup on GBPCHF. We've recently broke and closed above a daily structure zone and we're back to retest it right now. Price has formed a nice double bottom and it held the structure so far. Therefore, i'm buying this at market and aiming to take first target off at the neckline and possibly second target up at the next daily structure zone.
If u have questions, feel free to ask.
Otherwise, see you in the next chart!
Trade closed: target reached:
First target hit! Stops to breakeven for the weekend
Trade closed: target reached:
Second target hit! Good one!