Below are the observations to support a bullish view of GBPCHF.
The weekly view showed a bounce off Multi-year low.
And the daily showed a break out of the recent bear trend channel
And 4 hourly view seems to have an ascending triangle
Entry Price: 1.0770
Take Profit: 1.09 (measured move)
Stop Loss: 1.0725
Reward-to-Risk: 2.89
The weekly view showed a bounce off Multi-year low.
And the daily showed a break out of the recent bear trend channel
And 4 hourly view seems to have an ascending triangle
Entry Price: 1.0770
Take Profit: 1.09 (measured move)
Stop Loss: 1.0725
Reward-to-Risk: 2.89
Trade active
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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.
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.