Lingrid | GBPCHF sideways MOVEMENT. Short Opportunity

755
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

Lingrid | GBPCHF double TOP at the RESISTANCE zone


Traders, 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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