On a today's live stream with my students, we took a long trade on GBPCHF.
The pair is coiling on a peculiar confluence zone based on a horizontal stucture and 382 retracement of the last bullish impulse.
The price formed an ascending triangle formation on that structure and broke its neckline then.
Probabilities are high that the pair will reach 1.133 / 1.135 levels soon.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.