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GBPCHF: Watch For Buys In This High Probability Buy Zone

Long
British Pound / Swiss Franc (FX:GBPCHF)  
Fxprotrader Updated   
FX:GBPCHF   British Pound / Swiss Franc
GBPCHF medianline
31
2
gbpchf medianline
Price is dropping massively and most likely it will soon reach a zone where the 0.886 fib retracement level of previous upmove and the median line of a downsloping pitchfork meet together. In addition we see that RSI is oversold, another reason to think that this sell off may soon end. So when price enter the buy zone watch for a setup to complete in go long.

Comment:
Price has reached the buy zone. Watch for a buy setup to complete based on your strategy

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