Here we got a setup on GBPCHF, price is approcaing daily R and will most likely bounce under it. From another perspective, it could break the resistance and continue its upward momentum. A 4h candlestick with full body clsoing below or above the highlighted area will determine if we're going to enter a buy or a sell.
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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.