On the 1H timeframe, GBPCHF has broken above a key high and confirmed support with a solid close — showing bullish momentum.
However, price is currently reacting to a 1H red order block, which could trigger a short-term correction.
We’re now waiting for price to revisit one of the lower demand zones for potential buy opportunities. Make sure to look for multiple confirmations on the lower timeframes (M5 or M3) before entering any trade.
Also, keep an eye on the red supply zone above; it may offer valid sell opportunities if bearish confirmations appear.
📌 Key Levels
🟢 Support Zones:
• 1.1036 – 1.1046
• 1.0920 – 1.0950
🔴 Resistance Zone:
• 1.1250 – 1.1290
⚠️ Entry only with confirmation – patience pays.
🔍 Insight by ProfitaminFX
If this outlook resonates with your own view, drop your chart or feedback below. Let’s learn and grow together 📈
However, price is currently reacting to a 1H red order block, which could trigger a short-term correction.
We’re now waiting for price to revisit one of the lower demand zones for potential buy opportunities. Make sure to look for multiple confirmations on the lower timeframes (M5 or M3) before entering any trade.
Also, keep an eye on the red supply zone above; it may offer valid sell opportunities if bearish confirmations appear.
📌 Key Levels
🟢 Support Zones:
• 1.1036 – 1.1046
• 1.0920 – 1.0950
🔴 Resistance Zone:
• 1.1250 – 1.1290
⚠️ Entry only with confirmation – patience pays.
🔍 Insight by ProfitaminFX
If this outlook resonates with your own view, drop your chart or feedback below. Let’s learn and grow together 📈
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.
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.