GBPCHF: Bullish, longs in play

The GBPCHF traded near a long term support level (it even broke that level and traded in a bearish market condition for a few hours, but it is back now) for a few days but today it broke that range for the upside triggering a bullish market condition:

GBPCHF
GBPCHF

Now it is in a clear bullish market condition and there are quite a few pips before the market hits the next LT lvl.

My Trading Plan:

As long as the GBPCHF trades 1.6516 I will be looking for long opportunities.

All short opportunities will be ignored.

Trade Safe!
Raul Lopez

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .