ForexPinnacle
Long

GBPCHF Trendline idea

FX:GBPCHF   British Pound / Swiss Franc
7 0 0
Price is currently stalling at the black trend line . If that trend line breaks, then I am looking to see if we get a bullish bounce at one of the lower three trend lines marked out (blue trend lines ). If there is a clear bounce higher, then would expect price to stall at the higher trend lines (red trend lines ). Orange level shows a potential key level of interest, however it has not been respected enough previously therefore it might not be as important as the higher trend lines are.
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