GBPCHF Will Grow! Long!

٢٧ ديسمبر ٢٠٢٣

Here is our detailed technical review for GBPCHF.

Time Frame: 15m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 1.085.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.086 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

٢٨ ديسمبر ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

That was an excellent trade and the target was reached too!