mastercoria

GBPCHF, Potential BUY: Oversold zone

Long
FX:GBPCHF   British Pound / Swiss Franc
GBPCHF it's on an Oversold zone, and it is on a perfect BUY position. Look at the red zones I marked. On the 2nd red zone (the most intense one), the price couldn't pass downside, leaving A LOT of wicks (demand signal). Take profit on 61.8% of a Fibonacci Retracement.
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