ProjectSyndicate

GBPCHF H1: 1770. BUY DIP. TP+100 pips. with SL/TP.(NEW)

Short
FX:GBPCHF   British Pound / Swiss Franc
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GBPCHF H1: 1770. BUY DIP. TP+100 pips. with SL/TP.(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect short-term
pullback before reversal later (BULLS)

🔸 Summary and potential trade setup
::: GBPCHF 1hour chart review
::: 1840 key S/R level strong resistance
::: bulls will likely stall at that level
::: chart overall looks bullish/strong
::: therefore I recommend buying after pullback
::: 1770 nice reload spot BULLS mirror S/R
::: WAIT for 1840 then pullback before buying
::: recommended strategy: BUY LOW 1770
::: SL 40 TP is 1900
::: for best results wait for pin bar H4
::: nice lower risk setup for a gain of 100+ pips
::: so get ready to make money in this market
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook short-term: BULLISH
::: retail sentiment: 2 000 lots short 1 500 lots long

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