Compared to yesterday we can notice that a new daily opening was higher than that of the last day which implies to us that the trend was taking up direction on the last day.
According to what we saw on the GBPCHF chart today we know that a green up arrow signal is taking place below the price proving to us that a bullish signal is taking place for the short term trading.
Taking that case into consideration I do think that the last opening at 1.5195 should be acting as a take profit level as it is at the same time a strong resistance and the price might be having hard time trying to break such level and heading up In the end I do think that following up the trading systems rules would be the best and that is by waiting for a clear blue line on the check indicator and also at the same time the color of the trader indicator should be green and that of course in order to make sure that it is the right bullish trend before making any attempt for any buy positions.
.
![]()


Thread: 

Thanks





Currently Active Users
Forex Forum India Statistics