LeeThompson97

GBP/CHF Long - Bullish Trendline

Long
FX_IDC:GBPCHF   Livre sterling / Franc suisse
Price has now fallen to the trendline (support). If price was going to breakthrough, we should have seen a big move down already, because of this and the fact that we have tested this trendline with no success of a breakthrough already, a long opportunity is in play. Stop loss can be small (below the trendline) and take profit is at the 1.25924 resistance zone.
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