Overall Trend for GBPCHF is Bullish with price breaking a previous low. However, price is currently at an area of support and within a channel. Price created a Bullish Channel since May 2022 which has been respected so I am looking for price to complete the next wave starting with a rejection from the downside up to the Fib Golden Zone where price should reject to continue in its Bullish trend.
If you find this idea helpful please support it with likes. I will highly appreciate it.
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.