GBPCHF has managed to form a Descending Triangle Pattern on the daily time frame.
After GBPCHF managed to break the 200-SMA, it was expected that the upper line of the descending triangle would break, and it did.
GBPCHF is completing a pullback to the upper line of the descending triangle, and I expect GBPCHF to start growing near the uptrend line and the 38.2% Fibonacci level.
🎯The GBPCHF target can at least continue to the upper limit of the 🔴heavy resistance zone(1.178 CHF-1.153 CHF)🔴🎯.
🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
After GBPCHF managed to break the 200-SMA, it was expected that the upper line of the descending triangle would break, and it did.
GBPCHF is completing a pullback to the upper line of the descending triangle, and I expect GBPCHF to start growing near the uptrend line and the 38.2% Fibonacci level.
🎯The GBPCHF target can at least continue to the upper limit of the 🔴heavy resistance zone(1.178 CHF-1.153 CHF)🔴🎯.
🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
🎁Get a 20% Bonus & 30% Discount on LBANK exchange(NO KYC)👉lbank.one/join/uBythQd
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.