GBPCHF - How to catch a swing trade ?

Keeping multiple timeframe in your analysis is one of the most recommended approach for high probable setups

Here we are taking 4 hour and 1 hour to define the direction

15 min for our entry

The image above indicates

– Price at the lower boundary of the channel

Logically price should go higher

Let’s look at another angle

Price action indicated price broke the recent support – Horizontal level

And now retesting the same level – this is a bearish indicator ( here we are assuming that price will drop)

We have two outlooks here – One bullish and one bearish ( expecting some drop)

Now lets see what price is doing at 1 Hour

As you can see price broke the falling wedge pattern – Bullish indicator

Now we will look for buy signals at 15 min

If you wanna see our 15 Min buy setup contact us and open an account with us

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Tags: FX

GBPCHF – How to catch a swing trade ?