on DAILY: GBPCHF is approaching a strong support zone in blue so we will be looking for objective buy setups on lower timeframes.
on M30: GBPCHF formed an objective trendline in red, and price broke it upward, but we didn't buy yet, as we are waiting for a momentum candle close above its last swing.
meanwhile, GBPCHF would be overall bearish and can still test our lower support zone before going upward. in this case, we will be looking for new objective buy setups to form
on M30: GBPCHF formed an objective trendline in red, and price broke it upward, but we didn't buy yet, as we are waiting for a momentum candle close above its last swing.
meanwhile, GBPCHF would be overall bearish and can still test our lower support zone before going upward. in this case, we will be looking for new objective buy setups to form