idea on GBPCHF

22 Ara 2021

2hrs GBPCHF is trapped in a channel. The last supply zone was tested once and was mitigated at the second touch and dropped off to touch the demand zone the 3rd time but couldn’t make a new ll. The price sifted bullish and made the 3rd touch on the upper Chanel. I anticipate a break of the upper channel or supply zone and a retest as a confirmation to attain a new hh to the level @1.25000 or the market will test the demand zone the 4th time.

N/B is not financial advice.