VasilyTrader

GBPCHF: Long Trade from Key Level

Long
OANDA:GBPCHF   British Pound / Swiss Franc

GBPCHF is taking off from strong 4H structure support level.

On that the price has set a higher low this morning and then formed double bottom formation with a confirmed breakout of its minor resistance.

Now we may expect a continuation because global sentiment on the pair is strongly bullish.

First goal - 1.215

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