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Why I am buying GBPCHF: Coleman
Ian Coleman from First4Trading.net explains why he is buying GBPCHF. In a technical analysis of the currency cross he discovers some interesting patterns. The weekly chart highlights a bullish engulfing candle. On the daily chart a reverse head and shoulders pattern is forming. Coleman looks to buy at 1,4055 with a stop at 1,3995. The targets are 1,4210 and 1,5000.
01:42 minutes
Tags: coleman, forex, forex trading, fx, fx trading, gbpchf, saxo bank, saxo tv, saxotv, tradingfloor.com, tradingfloorcom
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