This pair has been in a large reversal wedge for a long time. It has made a clean break of the Resistance and is now heading up for a large move.
Look for long positions above 1.22037
GBPCHF
Look for long positions above 1.22037
GBPCHFNote
Note
Really nice break. If your not in the trade, look for flag/ pullbackNote
Another great time to go long. make sure you have your stop losses in though!Note
Now its looking like a pullback down before another move up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.