After 36+ Hours of selling, GBPCHF has came back to an area of Demand and held strong and respected the Daily trendline. The fib level is also aligned with confluence at the 78.6 level. After sweeping the lows on the lower time frame, I am looking for GBPCHF to start up another bullish run.
TP - 1.30694
TP2 - 1.3158
SL - 1.27718
R:R - 1:3