GBPCHF - long trade idea
GBPCHF
My perspective on GBPCHF
4 hour - As we can see price couldn't break the swing low, and started an uptrend. And then broke the swing high which is a major support and resistance level. The pull back came down to retest this level as well as the 50 EMA.
As a mentioned in the previous analysis, we should have to wait for this candlestick formation on the higher time frame.
My perspective on GBPCHF
4 hour - As we can see price couldn't break the swing low, and started an uptrend. And then broke the swing high which is a major support and resistance level. The pull back came down to retest this level as well as the 50 EMA.
As a mentioned in the previous analysis, we should have to wait for this candlestick formation on the higher time frame.
Trade closed: stop reached
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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.