GBPCHF will go UP by Descending Triangle🚀

27 Jun 2023

GBPCHF has managed to form a Descending Triangle Pattern on the daily time frame.

After GBPCHF managed to break the 200-SMA, it was expected that the upper line of the descending triangle would break, and it did.

GBPCHF is completing a pullback to the upper line of the descending triangle, and I expect GBPCHF to start growing near the uptrend line and the 38.2% Fibonacci level.

🎯The GBPCHF target can at least continue to the upper limit of the 🔴heavy resistance zone(1.178 CHF-1.153 CHF)🔴🎯.

🔅British Pound/ Swiss Franc Analyze ( GBPCHF ) Daily time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.

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27 Jun 2023

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