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GBP/CHF Trade Idea

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Hello and welcome to my Trade Idea of the currency pair GBP/CHF.

Lets start with the Top Down Analysis.


Monthly: We see on the monthly timeframe an bearish momentum.

Weekly: The weekly timeframe is bearish too but in the last few weeks there's been a pullback.

Daily: Daily is bullish but the price touched the daily resistance area and that's a possibility that we can go with the trend.

H4: On the h4 timeframe we draw the counter trendline. The price touched the resistance area and in combination he breaks the counter trendline. We expect a push to the h4 support.


Have a nice day.

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