GBPCHF: Trading Plan For Next Week
hey traders,
I was paying close attention to GBPCHF for a while
as it started approaching a significant level of resistance.
Finally on a daily RSI shows us clear divergence and very nice dodji.
The market also leaves clues on a 4H:
pair was trading in a rising parallel channel for more than two weeks
and finally, the market has set a lower high.
The last thing that I am looking for is a bearish breakout of a channel.
It will be a perfect confirmation to open a short trade.
Targets are
1.22
1.20
Stop 1.25
*if the market sets new higher high higher close, setup will be invalid
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