Hello Traders,
GBFCHF has been shaping up for the next impulse. Looking at the HTF we can see that price is consolidating within a bullish continuation structure which also made a double bottom giving us confluence that we should see a reversal soon. On LTF price was moving within a reversal channel that had a strong breakout now following by a correction for further upside movement.
Target range 350pips
Trade Safe
Thanks.
GBFCHF has been shaping up for the next impulse. Looking at the HTF we can see that price is consolidating within a bullish continuation structure which also made a double bottom giving us confluence that we should see a reversal soon. On LTF price was moving within a reversal channel that had a strong breakout now following by a correction for further upside movement.
Target range 350pips
Trade Safe
Thanks.
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Related publications
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.