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GBP/CHF potential pullback trading setup

Ming Jong Tey
2 min readNov 10, 2020

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In the H4 timeframe, GBP/CHF broke above the resistance zone between 1.19–1.1970 yesterday. This could present a pullback trading opportunity upon confirmation. Watch the video below (timestamp starts 3:50) to find out how to profit from trading pullback like the textbook.

Below are the key parameters for GBP/CHF potential long setup for trading session on 10 Nov 2020. Pay attention to the context and confirmation of the reversal as mentioned in the video to quality the trade.

Entry: long limit order at 1.1965 (refer to the video for entry confirmation)

Stop loss: 1.1913

Take profit: 1.2103

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Ming Jong Tey
Ming Jong Tey

Written by Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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