GBP/CHF Long-Term Trend: Bearish
Key Resistance Levels: 1.1186, 1.1248, 1.1312
Key Support Levels: 1.1056, 1.0988, 1.0912
The price on the higher time frame has recently been rejected from the 1.1488 level after being in a range from some time. It has shown good bearish momentum and broken a support level of 1.1187 which shows signs of trend continuation.
GBP/CHF Medium-Term Trend: Bearish
On the lower time frame, the pair is moving in the major trend’s direction. It broke a support level of 1.1312 recently and has sustained below that. Recently the pair has broken and retested a minor level of 1.1186 before continuing the momentum.
Sell Stop Order @ 1.1129
TP @ 1.1063
Stop Loss @ 1.1195
Trade Safely 🙂
Hi, I’m interested in joining vip ..are we allowed to use the trade copier for fmto/ mff/surge trader ….?
I believe so, but that would be more a question for that service.
Hi Pat, this is Michał from Poland , I’m an amateur trader, and I’m looking for varioes opportunities, earning money, learning good strategies etc…. for some time I’ve been writing with you on Insta and Whatsapp, and it seems to me that it’s not with you , but with scammers impersonating you.
Please confirm it’s not you.
Ya, I don’t even have whatsapp. Only go to links on my website, my youtube etc.
Again we have seen trade went to reversal and hit our breakeven SL. Thank you pat for inform us to move SL to breakeven. Hope we will get more better signal next .
Thanks pat after a longer period we have got nice setup hopefully catch the TP .
I have one doubt, so once we receive the sell stop order in that price, we have to execute the trade, right? or else immediately after posting?
Kindly let me know the same on above.
Thanks in Advance!
Sell stop is an order type available in MT4/MT5 you can place the trade as soon as you receive and it’ll be triggered once the price reaches entry level.
Hope it helps.