In the beginning of the month GBPCHF managed to breakout of it's downtrend.
Now we see lower highs and higher lows, which closes price action inside of a triangle pattern.
We are now waiting for a breakout and an upside move.
A confirmed breakout would be price closing above previous high, and then we can see price reaching 1,2900!
Any entries before that are and unreasonable
Now we see lower highs and higher lows, which closes price action inside of a triangle pattern.
We are now waiting for a breakout and an upside move.
A confirmed breakout would be price closing above previous high, and then we can see price reaching 1,2900!
Any entries before that are and unreasonable
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Related publications
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.