currencynerd

strictly 1hour timeframe.

Long
FX:GBPCHF   Livre sterling / Franc suisse
from this analysis I broke my rules a little and only analyzed the currency minor on the hourly timeframe only. I saw that price is currently trading around the 1hour liquidity pool ranging from 1.22015 to 1.21989 and price is also trading above bullish trendline and broke and retested bearish trendline indicating strong bullish momentum in the market , i am going long on the pair with a 1:3 risk:reward with targets at 1hour supply @ 1.22762.

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