elblanco0

GBPCHF long setup

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FX:GBPCHF   英鎊 / 瑞士法郎
Top down analysis on this pair is setting up for a bullish move. Overall trend on the daily timeframe is to the upside, 4h timeframe we’re in a bullish flag as seen. One interesting indicator I like on this one is the Bollinger band width which is showing us that there’s been low volatility for a while, so I’m expecting a big move and with the trend to the upside and the bullish flag, I’m expecting a move to the upper trend line which has formed on the monthly chart.
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