FieryTrading

GBP/CHF SHORT TERM BOUNCE IDEA

Long
OANDA:GBPCHF   Livre sterling / Franc suisse
GBP/CHF has been following this channel for two weeks now. Every time the trend line area's are hit, a swift and powerful rebound occurs within a few hours.

Consider the red marked area as a possible exit, since its close to the recent high and the upper channel trend line.
The oscillating nature of the forex pair combined with the coming high volatility from the elections might make this a quick win!

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