See daily chart of GBPCHF below for the discussion that follows.
GBPCHF is close to an area of support going back to 2022 (I’m only showing the latest bounce here). Should price move into this area and I see bullish candlestick price action, then I will likely go long.
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 / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
