GBPCHF IS FALLING FROM TRENDLINE
SHORT trade analysis on GBPCHF.
Graph is looking bearish from upper trendline all the way down to support zone. I found Hidden Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. Price just retested on smaller timeframe and is ready for another drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
Graph is looking bearish from upper trendline all the way down to support zone. I found Hidden Bearish Divergence which signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. Price just retested on smaller timeframe and is ready for another drop. Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
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.