GBPCHF: How To Catch a Pullback?
good morning, guys
GBPCHF reached a strong resistance of a rising wedge pattern.
taking into consideration oversold rsi with divergence on 8h/4h charts
and a double top formation with a confirmed violation of its minor support on 1h,
chances are high that the price will retrace.
to catch a bearish movement you can sell the retest of broken support or just enter aggressively depending on the desired r/r.
targets:
1.2037
1.2017
stop above the tops
good luck!
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