Saturday, April 20, 2024

GBPCHF is still moving in a Descending Triangle Pattern
1 mins well spent

GBPCHF Descending Triangle Analysis

GBPCHF has formed a descending triangle pattern by creating lower highs and equal lows in the monthly time frame chart.

Still, the market price is moving between the descending Triangle pattern for a long time.

Now, market bouncing back from the low level. If it breaks the top zone of the descending triangle, we can expect a huge rise in GBPCHF.

 

 

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