ThinkingAntsOk

GBPCHF Bullish Perspective and invalidation level

FX:GBPCHF   英鎊 / 瑞士法郎
Main items we can see on the chart:

a) The price has broken a descending trendline

b) The price is above a major support zone

c) Currently, we can see a corrective structure

d) If the price breaks above it, that will be our confirmation for a new bullish movement towards the next resistance zone

e) We also have an invalidation level, if the price reaches that zone we will cancel our long view

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