GBPCHF: Very tight stop long trade!

2015年5月28日

Analysis on chart, we got a rising mode, 11 bars, no new low, and a breakout from a highest low channel, followed by price making a sideways correction, building up the mode and now falling into fibonacci support.
I'm long from here, with a tight stop.
Good luck if you follow me, I think it'll cross above the mode and go for the balance point.
Cheers,
Ivan.