Long

GBPCHF Good Higher Time Frame Bullish Price Action

Updated

GBPCHF Current Price Action is Looking Very Clean to have another lower time frame up move

When we zoom out, after the initial bullish impulse phase, price naturally start forming consolidation correction phase, strenches out for months.

Notice eacj time price fall down, they do so in a decending structure on the lower time frames. The lastedt price is no different.

We now see price hasd impulsely push up now, so good idea to wait for the next bullish continuiation correction, to confirm the next short term up move.

Thank you :)

Note

I do see the bullish price action on the lower time frame, there was a couple bullish potential entries available to take with 3:1 Risk:Reward.
Will continue to monitor after breaking the previous highs.

Note

if price can break above this highs
and form continuation price action,
can potential reach the highs of the
bigger structure

Note

Price has managed to break the lower time frame highs, and formed continuation correction. It allows the price to impulse higher.

jojofang0901

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