GBPCHF has easily become one of my favorite pairs to trade due to its volatility, volume and overall trendiness as far as supply and demand goes.
I closed this trade for the week but I shouldn't have. I still expect the pair to finish off at the 1.26600 area which is the demand zone. From where we are now to the demand area is only 20 pips which is less than the 50 required to enter a trade according to my trading plan. I will be waiting on price to reach the demand zone, consolidate then return to the supply
zone.
If price falls through the demand zone with significant strength I will update the post with a new bias.
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit
I closed this trade for the week but I shouldn't have. I still expect the pair to finish off at the 1.26600 area which is the demand zone. From where we are now to the demand area is only 20 pips which is less than the 50 required to enter a trade according to my trading plan. I will be waiting on price to reach the demand zone, consolidate then return to the supply
zone.
If price falls through the demand zone with significant strength I will update the post with a new bias.
Please like and comment as you see fit. I'm trying to build my reputation on trading view. I will be posting more consistently and would love to start a small community of traders to grow and earn with!
Thanks in advance guys & welcome to
#WakeUpInProfit