POSSIBLE DOVISH MOMENTUM ON GBPCHF

GBPCHF from last week made a dovish impulse from 1.25500 to 1.23400 breaking support at 1.24500. Upon trying to retest the broken structure price got rejected at the 50% of the fib pulled on the impulse. further confirmation can be seen as price tries to complete the potential head and shoulders on the 4hr TF. We can now scale down to the smaller TF to look for our final confirmation for entry with TP at 1.22400 and stop loss above the left shoulder.
FibonacciHead and ShouldersSupport and Resistance

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