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KaisMarket
Jul 3, 2022 4:37 PM

GBPCHF FALLING WEDGE Long

British Pound/Swiss FrancFXCM

Description

Vey simple setup we see, I am thinking of a bullish week for GBPCHF due to this falling wedge pattern. We do have a double bottom on the hourly time frame which will act as our support and where to place our SL on the entry of the breaking of the upper trend line of the wedge. Looking to re-test the breakout of the down channel which broke to the downside
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