GBPCHF - Watch This Fly! 🔥

GBPCHF has approached a level that we have been waiting for. Everything is lining up for a really nice long term swing position to push it up more than a 1000pips.

We have the 50 fib, major trendline support, descending correction support.

Trade idea:
Watch for a clear bounce and then enter with stops below the major trendline.
First target (channel resistance): 300pips
Second target (recent highs): 680pips
Third target (-0.27 fibonacci target): 1,000pips

Goodluck and trade safe!

Commentaire:

Hey everyone, I posted an in-depth analysis on CHFJPY where I broke down the analytical stages and explained the various phases. There’s also a breakdown on how to enter! Could be 1,000 pip move!

Be sure to check it out!