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jojofang0901
Oct 12, 2020 12:13 AM

GBPCHF Get Ready for the next bullish move up Long

GBP/CHFOANDA

Description


Hi traders:

GBPCHF is looking very clean for further upside moves.

Price had the double bottoms rejections on the HTF, and had the impulsive move up.

We then see price has been correcting itself in this overall parallel structure, good indication for building up momentum for bullish continuations.

Latest price action we see a recent double bottoms, price impulse up from the LTF., and forming this continuation correction.

I would wait and see if price can break out of this current correction, then look for smaller LTF structures to get in the buy.

Thank you

Comment

Comment

Still waiting for more price development on the LTF.
Comments
KlejdiCuni
Very nice setup. Thanks for sharing!
jojofang0901
@KlejdiCuni, thx yu :)
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