Triangle at GBPCHF
The upward trend here continues.
Now the price forms lower peaks, but at the same time we see lower bottoms.
This means that buyers are still the stronger market participants and we expect that they can raise the price at least once more before we see an correction.
The possibility is after the break of the triangle and we expect the price to reach: 1.2308 and 1.2365
If the previous bottom breaks, a reversal and a fall may follow!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
Now the price forms lower peaks, but at the same time we see lower bottoms.
This means that buyers are still the stronger market participants and we expect that they can raise the price at least once more before we see an correction.
The possibility is after the break of the triangle and we expect the price to reach: 1.2308 and 1.2365
If the previous bottom breaks, a reversal and a fall may follow!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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✅ JOIN FREE TELEGRAM: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.