El_Chapo_Jr

GBPCHF on a short term retracement

FX:GBPCHF   Paun British / Franc Swiss
Hello, there traders.

Last week GBPCHF was very bullish and we got to see higher highs with the Lowest price being on Monday and the highest on Wednesday.

We can see price broke the Orderblock on the High of the week and got to retest it on Friday.

This coming week we look to continue buying and the bulls are still strong as they look to push the price up to 1.25800. At this level, we anticipate looking for sell entries since the price on the larger time-frames is on a downtrend.

Like if you agree.

Penafian

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