GBPCHF possible scenario?
What's the next move on GBPCHF ?
On the monthly & weekly chart, the gravity is to the upside + the price is heading towards a great area (mass psychology) for a long position.
On the 4H X 1H chart, the price might be forming a descending channel / falling wedge heading towards the intersection between the lower TL and the rejection line (mass psychology) at 1.16020 area.
Will be focusing on taking a long position if the price breaks.
#Patienceiskey #ThePrimes
On the monthly & weekly chart, the gravity is to the upside + the price is heading towards a great area (mass psychology) for a long position.
On the 4H X 1H chart, the price might be forming a descending channel / falling wedge heading towards the intersection between the lower TL and the rejection line (mass psychology) at 1.16020 area.
Will be focusing on taking a long position if the price breaks.
#Patienceiskey #ThePrimes
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