GBPCHF has recently shown signs of ending its uptrend and may continue to decline. This outlook is supported by the presence of bearish divergence and a bearish head and shoulders pattern. A sell opportunity is anticipated once the price breaks below the neckline, with the critical level being 1.14430.
Trade active
Trade closed: target reached
Both tp1 and tp2 hit.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.