VasilyTrader

GBPCHF: Important Breakout & Coming Changes

Panjang
OANDA:GBPCHF   Paun British / Franc Swiss

morning traders,

we saw a massive expansion on GBPCHF yesterday.
with a huge high momentum bullish candle the pair has broken through a resistance line of an ascending triangle on a daily.
that breakout opens a potential for further bullish continuation to major red resistance.

I missed that rally and look for opportunities to be involved in this bullish continuation.
the closest safe buying area is based on the rising trend line of a triangle and its broken resistance.
within this demand area, I will try to buy the market.

there is no guarantee that the price will drop there,
but if it does, then we will trade :)


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