GBPCHF: Important Breakout & Coming Changes (Structure Analysis/Trading Plan)
we saw a massive expansion on 🟢GBPCHF yesterday.
with a huge high momentum bullish candle the pair has broken through a resistance line of an ascending triangle on a daily.
that breakout opens a potential for further bullish continuation to major red resistance.
I missed that rally and look for opportunities to be involved in this bullish continuation.
the closest safe buying area is based on the rising trend line of a triangle and its broken resistance.
within this demand area, I will try to buy the market.
there is no guarantee that the price will drop there,
but if it does, then we will trade 🙂