GBPCHF - Wait For The Bulls ↗️

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

GBPCHF is retesting a support zone in blue so we will be looking for buy setups on lower timeframes.

GBPCHF is forming a double bottom pattern but it is not ready to go yet.

🏹 For the bulls to take over, we need a momentum candle close above the gray neckline.

Meanwhile, until the buy is activated, GBPCHF can still trade lower inside the support or even break it downward.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich