GBPCHF Price Action: Correction Before Next Impulse?

GBPCHF Analysis
Market Overview
GBPCHF experienced a strong downward move from 1.14860 to 1.06370, forming a double bottom. The pair is now in a corrective phase, seeking liquidity around 1.13654, potentially leading to another impulsive move toward the downside, targeting 1.01733.

Weekly & Daily Structure
Weekly Resistance at 1.10884: Previously broken by the last weekly candle, now being retested by this week's price action.
Daily Correction: Price retraced downward to a daily support level, which was previously weekly resistance.
Liquidity Grab at 1.10464: Market collected liquidity, broke previous support, and retested again, with the support holding—indicating growing buyer momentum at the daily level.

4-Hour Market Structure
CHOCH at 1.11018 & BOS at 1.11357: These signals indicate a shift in order flow.
Liquidity Grab & Retest at 1.10745: The market broke internal support, grabbed liquidity, then broke the previous resistance. Now, we wait for a 4-hour retest at this new support level.

Trade Plan
4-Hour Entry
Entry: 1.11080
Stop Loss: 1.10542
Take Profits:
TP1: 1.11897
TP2: 1.13654

Daily Entry
Entry:1.11164
Stop Loss:1.10313
Take Profits: Same as the 4-hour trade setup.