Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/CHF broke key support level 1.2900
2019-11-11 • Updated
- GBP/CHF broke key support level 1.2900
- Next sell target - 1.2700
GBP/CHF recently broke through the key support level 1.2900 (which stopped the previous downward impulse in February and March, as can be seen below). The breakout of this support level accelerated the active minor impulse wave 3, which belongs to the medium-term impulse wave (3) from July. GBP/CHF is expected to fall further toward the next sell target at the next support level 1.2700 (target price for the completion of the active impulse wave 3).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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