Bullish movement on GBPCHF by ThinkingAntsOk
Use this as a guide to develop your view of the situation
Main items we can see on the 4HS chart:
a)The price is making a Throwback or a correction on a major Support area
b)If the price is not able to go lower, we think we will see a breakout of the descending trendline (white lines)
c)If that happens our bullish target will be 1.28000
Let's take a look at the Daily Chart:
Main items we can see on the 4HS chart:
a)The price is making a Throwback or a correction on a major Support area
b)If the price is not able to go lower, we think we will see a breakout of the descending trendline (white lines)
c)If that happens our bullish target will be 1.28000
Let's take a look at the Daily Chart: