Trade short GBPCHF currency pair before the forex market closed

  • Jun 17 2022
  • by
  • Analyst AZA
Trade short GBPCHF currency pair before the forex market closed

Trade short GBPCHF currency pair before the forex market closed

Most of the forex strategies we use are fractal level breakouts. Today you can see on the chart a clear signal to sell the currency pair. The fractal level coincides with the flat level of 1.1800, which is an additional factor for opening a short position.
You can look at your watch and find out what time forex closes on Friday. You don't have much time left to make money this week on forks. We don't see any currency pair correlation with other currency pairs that trade against the Swiss Franc. Quotes of major currency pairs move chaotically up and down without clear trends. In the meantime, Frank is confidently strengthening and this is a fact. The best time to trade the GBPCHF currency pair is now.

Symbol: GBPCHF
Order Type: Pending Order - Sell Stop
Entry Price at 1.1800
Take Profit at 1.1750
Pips Earning: 50

How to forex trade:
EURUSD sell at the price of 1.0350
USDJPY sell at the price of 133.50
GBPUSD sell at the price of 1.2055
USDCHF sell at the price of 0.9780

The result of a trading recommendation.

The result of a trading recommendation for GBPCHF currency pair

img
Fractals in forex trading
The profit can be $541.10 if the trading volume of 100000 GBP (1 Lot).

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