TomProTrader

GBPCNH watch for a buy setup.

Long
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FX_IDC:GBPCNH   BRITISH POUND / OFFSHORE CHINESE YUAN
11
Hi friends, hope you are all having a good week of trading.

I have seen a good setup here at the lows of the range after a corrective structure, where I expecting a breakout of the corrective structure before the move up. It could retest structure top as resistance turned support before the move up.

Best,
Tom_Killick.
Kommentar:
Price at breakout stage, will price break to upside and retest top of structure as support, or test as resistance before breakout? I guess we will all soon find out.

Use your tested trading strategy to trade this move.
Kommentar:
Nice breakout to the upside, use your tested trading strategy to determine entry level.
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