GBPCHF: Your Trading Plan For Today 🇬🇧🇨🇭

Long

British Pound / Swiss Franc (OANDA:GBPCHF)

OANDA:GBPCHF British Pound / Swiss Franc

Double Top or Bottom Multiple Time Frame Analysis Supply and Demand GBPCHF pound swissfranc chf Forex priceaction priceactionanalysis priceactiontrading Contains image

doubletoporbottom mtfa supplyanddemand gbpchf pound swissfranc chf forex priceaction priceactionanalysis priceactiontrading containsimage

snapshot

GBPCHF is testing a wide daily horizontal demand zone.

To buy that with a confirmation, pay attention to a double bottom pattern on a 4H time frame.
1.11 is its neckline.
We need a 4H candle close above that to confirm the strength of the buyers.

Buy aggressively or on a retest, then.
Target will be 1.1135

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