GBPCHF has broken to the downside on a 3 wave structure on the daily time frame and has done so on the H4 time frame as well. This is an indication of a continuation to the downside.
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Note
Price is currently trading at first target level TP1. I have partially closed my position and have remaining positions open to hold for TP2 and TP3.Trade closed: target reached
TP3 achieved
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.