GBPCHF Has reached a new Maximum for this year, after breaking the resistances from June and July 2016. We can see over-buy signs from RSI on different timeframes, especially H1, confirming a potential pullback.
Protected by June-2016 resistance zone, our suggested Stop-Loss would be 1.33, and targets of up to 3x Risk-reward ratio.
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.
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.