GBPCHF Trendline Breakout and Long Opportunity
Pair / Instrument: GBPCHF
Time Frame: H1
The trend in the Timeframe: NEUTRAL
The trend in the Daily Chart: STRONGLY BEARISJ
Description: On the H1 Chart GBPCHF is testing the descending trendline. Breakout of the trend line may trigger the shorter term bullish move.
Trade Based On: Trendline Breakout
Stop Loss: 1.26000
Take Profit 1: 1.26750
Take Profit 2: 1.27150
You can follow the trade: GBPCHF TRENDLINE BREAKOUT
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
Forex Signal: GBPCHF Trendline Breakout: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility