GBPCHF > Waiting for Confirmation to Buy!
Analysis of #GBPCHF
the GBPCHF formed a falling pennant near a strong 1.1700 this pattern usually breaks to the upside, I couldn't take this pattern as it did not happen at the structure level but I still can participate.
>> if the market breaks and closes above my structure resistance level of 1.1800 then I will have a confirmation to start looking for a trend continuation pattern to get in a buy trade.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
the GBPCHF formed a falling pennant near a strong 1.1700 this pattern usually breaks to the upside, I couldn't take this pattern as it did not happen at the structure level but I still can participate.
>> if the market breaks and closes above my structure resistance level of 1.1800 then I will have a confirmation to start looking for a trend continuation pattern to get in a buy trade.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
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