GBP.CHF - Break & Retest Of Ascending Trendline
Currency Pair: GBP.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
Live GBP.CHF updates will be available in the comments section below
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
Live GBP.CHF updates will be available in the comments section below
Note
Price broke and closed below strong support confirming the 1hr TF which i see as a minor consolidation period prior to a further push to the downside.Note
Textbook break and retest of the 38.20% and 1hr 50EMAAlthough this was a great setup i was personally long on GBP.USD so i didn't take this position due to live exposure.
Note
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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.