🔸Hello traders, let's review the 4 hour chart for GBPCHF today. Ongoing accumulation
in progress right now, currently trading near range lows at 1175. Expecting more weakness
short-term before reversal off the premium prices below current market price.
🔸Trading inside active range since November 2022, range lows set at 1080 range highs at 1330.
premium prices overhead at 1425 and 1485, below at 1035 and 0965.
🔸Recommended strategy for GBPCHF bulls. wait for correction/pullback to complete near 1040 and
get ready to buy low using SL 60 pips TP1 +120 pips TP2 +240 pips, excellent risk/reward on buy side.
this is a swing trade setup so will take more time to hit targets. do your own due dill. good luck!
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