Forex48_TradingAcademy

GBPCHF Long structure with entry!

Long
OANDA:GBPCHF   British Pound / Swiss Franc
On GBP/CHF, I'm considering a long entry. Currently, we have a neutral structure, slightly more long than short. I've highlighted a highly reactive reversal zone where the price has already shown strong responsiveness at the 1.1115 level. At the moment, there are no confirmations for a long position, but I'm mainly waiting for an H1 close within the area and then a reversal with a reaction above the POC (Point of Control). Additionally, there's a potential short setup if the price gives us similar confirmations, but at the 1.1150 level where we have a demand area with M15-H1 zones and a supply zone with a double touch of the bearish trendline. Let me know what you think, comment, and leave a like to support the hard work. Happy trading to all.

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