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ProjectSyndicate
18 de Jul. de 2023 10:25

gbpchf h8 buy/hold H*S setup tp +260 pips Largo

British Pound/Swiss FrancFXCM

Descripción

🔸speculative H*S setup advanced entry bulls with projected
TP bulls set at 1360. confirmed rejection from overhead resistance.

🔸H&S structure defined by head at 1450, LS at 1360, neckline at 1100/1140.
currently pullback/correction in progress to re-test the neckline price level.
higher risk strategy: short selling at market, target bears is 1100/1140.

🔸Recommended strategy bulls: seek to buy/hold once we re-test the neckline
near 1100/1140 stop loss 60 pips fixed TP1 +130 pips TP2 +260 pips final exit 1360.
keep in mind this is a swing trade setup, patience required. good luck!

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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comentarios
UnitedSignals
Good market breakdown!
FieryTrading
Thanks for the analysis
WalterMoon
Keep up the good work bro
TheFxAce
Good read on this long setup. Is this a typical example of your trading methodology?
askanderahmad7
Thanks Bro
MonoCoinSignal
Detailed explanations. Great job!
Williamforex
Perd setup
VasilyTrader
Good luck!
CryptoCheck-
Great setup thanks Syndicate
ProjectSyndicate
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