GBPCHF break out !!!!!

164
Daily
  • Break out from the consolidation zone
  • MACD shows strong bullish momentum
  • above the 200 SMA
  • Break retracement Fibo level 0.5


H4
*Upward trend formed
*fail to break the upward trend
*Expect the upward trend will maintain

What to do now?
  • Long the market immediately to the purple trendline ( weekly downtrend line) or
  • Patient wait for a retest the support below and enter the long market at the support zone

Please do your own proper risk management
Good Luck to all traders!!!

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