The price perfectly fulfilled my last idea. 
GBPCHF is currently moving sideways, oscillating between key support and resistance zones. The price is testing a strong resistance zone at 1.12000, which has proven significant, as the market has previously bounced off this level twice. Additionally, the market has approached the channel boundary, which acts like a trendline. Given these factors, I believe the market will continue its sideways movement, and I expect the price to fall toward the bottom of the consolidation zone. My goal is support zone around 1.11500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GBPCHF is currently moving sideways, oscillating between key support and resistance zones. The price is testing a strong resistance zone at 1.12000, which has proven significant, as the market has previously bounced off this level twice. Additionally, the market has approached the channel boundary, which acts like a trendline. Given these factors, I believe the market will continue its sideways movement, and I expect the price to fall toward the bottom of the consolidation zone. My goal is support zone around 1.11500Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.