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ThePhoenicx

GBPCHF Trade Idea Novenmber 8, 2021

Long
Livre sterling / Franc suisse (OANDA:GBPCHF)  
ThePhoenicx  
OANDA:GBPCHF   Livre sterling / Franc suisse
Trend Analysis institutionaltrading smartmoneyconcepts orderblocks Bearish Patterns Bullish Patterns GBPCHF liquidity reversalpattern
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trendanalysis institutionaltrading smartmoneyconcepts orderblocks bearish bullish gbpchf liquidity reversalpattern
The long term trend on this pair is bearish but we're currently seeing reversal signals. Liquidity has been taken below and above the ranging area. But wih the reverals indications, a counter trend trade is possible, yet I'd not set my TP too far up, as price may not return to the order block that caused the previous break of structure as yet.

Remeber there will be news on GBP pairs tomorrow. So be mindful of the news when placing trades.
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