GBP/CHF Long - Bullish Trendline
Price has now fallen to the trendline (support). If price was going to breakthrough, we should have seen a big move down already, because of this and the fact that we have tested this trendline with no success of a breakthrough already, a long opportunity is in play. Stop loss can be small (below the trendline) and take profit is at the 1.25924 resistance zone.
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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.