GBFCHF Reversed Head & Shoulder and go up

My advisor Marketmiracle generated a LONG signal on GBPCHF with a target of 1,2854

Although the previous signal has not yet given the expected results of this fact and this fact is a confirmation of the previous, analyzing the graph it would seem that even the premises of basic technical analysis are there.

The price seems to draw an upside down head and shoulders, is close to the previous lower support and is about to cross a dynamic support of much longer period.

If this is not enough, the moving average at 200 periods is immediately below the price.

As far as cash flows are concerned, these are increasingly being supported by large investors in favour of the GBP appreciation.

Let’s see if even this time the price will continue to fall.. I think not.