GBPCHF - Look For Buy Setups!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

GBPCHF is approaching our lower brown trendline so we will be looking for buy setups.

Moreover, the blue level 1.250 is support from Daily timeframe.

Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. (acting as non-horizontal support)

As per my trading style:
GBPCHF is sitting inside the purple zone, so I will be looking for bullish reversal setups on lower timeframes(like a double bottom pattern, trendline break, and so on...)

Of course, unless the zone is broken downward, then we will be looking for sell setups on its retest.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich