GBP/CHF hit TP2 on our previous analysis before reversing sharply. The pair is now trading near a strong support zone, aligning with the lower boundary of the ascending channel.
Key Highlights:
Support Zone: Strong rejection near 1.1188, signaling potential bullish momentum.
Trend: The ascending channel remains intact.
RSI: Approaching oversold, hinting at a bounce.
Plan:
Targets: 1.1238 and 1.1283.
Stop Loss: Below 1.1140.
Looks promising for another bullish move—let’s aim for another win! 🚀
Key Highlights:
Support Zone: Strong rejection near 1.1188, signaling potential bullish momentum.
Trend: The ascending channel remains intact.
RSI: Approaching oversold, hinting at a bounce.
Plan:
Targets: 1.1238 and 1.1283.
Stop Loss: Below 1.1140.
Looks promising for another bullish move—let’s aim for another win! 🚀
📈 6 years in the financial markets! Join my Telegram for exclusive insights.
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Telegram Link: t.me/charts_M7M
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.
📈 6 years in the financial markets! Join my Telegram for exclusive insights.
Telegram Link: t.me/charts_M7M
Telegram Link: t.me/charts_M7M
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.