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savvyacademy
Jan 7, 2024 2:07 PM

Bullish GBPCHF Long

OANDA:GBPCHF240
GBP/CHFOANDA

Description

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Below are the observations to support a bullish view of GBPCHF.
The weekly view showed a bounce off Multi-year low.
And the daily showed a break out of the recent bear trend channel
And 4 hourly view seems to have an ascending triangle

Entry Price: 1.0770
Take Profit: 1.09 (measured move)
Stop Loss: 1.0725
Reward-to-Risk: 2.89

Trade active

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Chart PatternsTrend AnalysisGBPCHFgbpchflong
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