DK_Investment

GBP/CHF - buy on 1H - target 1.316

Long
FX:GBPCHF   British Pound / Swiss Franc
-GBP/CHF pair jumped this week above important down trend line and gets supported several times by 200 day moving average in short time frames
-RSI looks like building an tripple bottom which implements up movement
-MACD baselines going to cross bullish
-stop loss under up trend line and all moving averages

Good luck to all and have a great weekend !
Trade active
Trade closed: target reached

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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.