See daily chart of GBPCHF below for the discussion that follows.
GBPCHF is trading in a range. I will be looking to trade this range if price gets to support or resistance. Alternatively, if price breaks out of the range, I will be waiting for a retest.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.