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GBPCHF

GBPCHF potential bullish movementon DAILY: GBPCHF is approaching a strong support zone in blue so we will be looking for objective buy setups on lower timeframes. on M30: GBPCHF formed an objective trendline in red, and price broke it upward, but we didn't buy yet, as we are waiting for a momentum candle close above its last swing. meanwhile, GBPCHF would be overall bearish and can still test our lower support zone before going upward. in this case, we will be looking for new objective buy setups to form
Long
by TheSignalyst
GBPCHF top-down analysison DAILY: GBPCHF is sitting around a strong support zone in red so we will be looking for objective buy setups on lower timeframes. Unless price breaks aggressively below our red zone, then a bearish movement till the all-time-low would be expected. on H1: price formed an objective trendline in blue, and we have an inverse head and shoulders forming. we are waiting for the right shoulder to form and then buy after a candle close above our neckline. or we are waiting for an objective break above our blue trendline to buy. we also have divergence on MACD adding more confluence to our buy setup. meanwhile, this pair is overall bearish.
Long
by TheSignalyst
GBP/CHF Sell SignalWhat’s going on? This is Jordan with Conquer Trading & Investing providing simply the very best education and analysis on the internet. Here is the full analysis and outlook for this pair. If you have any questions or insights you would like to share feel free to share them in the comments below. Please take a moment to like this idea if you received anything helpful from it. Technical Analysis alone is meaningless. You need a complete trading system. You need proper position sizing. A watch list of what you will trade. A strategy with an edge, and the discipline and perseverance to stick to your rules allowing your edge to play out over time.
Short
by JordanLindsey
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