GBP/CHF - wait for long confirmation

GBP/CHF price has broken out of down trend channel two weeks ago and has shown healthy price growth since this time. Expect correction down to at least 1.313 or 1.307, if 1.313 and short term trend line doesn't break down --> open long, if this line breaks down wait for confirmation at major support area before entering long position. MACD and RSI is on higher time frames (1D and more) already in correction but in lower time frames is more up movement possible which could stop the down correction in higher time frames.

Good luck to all and have a nice & successful week.

עסקה פעילה

העסקה בוטלה באופן ידני:

closed manually at March 19 after break down from up trend channel