Fxprotrader

GBPCHF: Price At A Level Where We Look For Buy Setup

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FX:GBPCHF   Libra Esterlina/Franco Suíço
Price has retraced into a corrective structure, and is now testing the lower parallel of an upslope median line. It's consolidating at that level where we should watch for a buy setup based on our strategy. A good level to aim for tp is the lower quartile of the median line set. If your strategy indicates something else, follow its rules :)

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