GBPCHF Buy the breakout

Hi there,

GBP pairs are under pressure because of the brexit deal. We are expecting strong breakup and rise on GBPCHF in coming days.

How you can trade on this chart.

1. There is a flag on lower time frame like 1hr watch for that flag to break up sharply and look for buy. We are already in from bottom and now looking to add more.

Or

1. Wait for the price to test the bottom again and then look for buy at bottom.

NOTE:
In case price start to fall sharply and breaks below the bottom then it will change the buy setup. We will reanalyse our chart in that case.

GBP pairs are volatile because of the Brexit negotiations. Any comment can move the market either it is positive or negative so trade with care on GBP pairs during this negotiation period.

Please support the setup with your likes, comments and by following on Trading View thanks

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Watch this lower time frame for breakout and look for buy on breakout.

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