GBP / CHF TF -> Daily
Ready Set Go?
Hello traders, here we go again for the usual evening appointment.
GBP / CHF has long been in a well-developed uptrend channel, it has finally reached the point where we wanted, it touched the lower part of the channel, now it is up to us to gather all the possible signals, so let's start immediately.
The price by touching the lower trendline, gives us the opportunity to evaluate whether to open a long position or set a buy order. If we analyze the various indicators and oscillators we realize that the stochastic is close to a situation of oversold, but the most important thing that gives us almost a signal of confirmation is the momentum. The momentum is linearly following the price movement, and a few days ago broke the bearish trendline to assert its upward strength. Of course, now the price is sideways but most likely it will start to rise following the main trend of climb. So @signal_trade_forex advises you to set a buy-stop order with an opening position of 1.31862 and stop-loss 1.30512, if it were not correct the analysis with the stop-loss will amortize the loss, good luck and good evening traders ! #trade#trader#traders#trading#forex#forextrade#forexsignal#forexstrategy#forexlifestyle#forextrading#forexmarket#forexmoney#forexanalysis#signaltradeforex
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18 1775:43 PM Jun 10, 2018
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