MichaelSelim
Long

GBPCHF Possible Bullish Move & BuySetup On 4H Chart

FX:GBPCHF   British Pound/Swiss Franc
52 5 0
GBPCHF             on 4H chart, we have bullish harmonic pattern formed below strong key level 1.500 with RSI oversold below 30 level and turning bullish . A good confirmation for the expected bullish move is a breakout above 1.500 after that we can expect price to test 1.512 ( Fib 38.2 ) then 1.528 ( Fib 61.8 ) While falling below 1.485 would be a sign of weakness for the pair and possible continuation of the bearish trend .
jhakas
a year ago
1.55 is on cards again.. 1.53 for sure...
Reply
MichaelSelim jhakas
a year ago
Yes I can see possible bullish RSI divergence on Daily chart. If the bullish move confirmed, it will likely retest 1.52 - 1.53
Reply
jhakas
a year ago
nice and thx for sharing..
Reply
MichaelSelim jhakas
a year ago
Thank you very much for your thoughts and comments.
Reply
MichaelSelim
a year ago
Please keep in mind that we have important news form GBP today around 1:00 PM GMT
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out