GBPCHF - Breakout of the uptrend line?
GBPCHF is in a clear short-term downtrend and, for now, sellers seem strong enough to continue to push the price down.
We already had a very important signal: a strong bearish movement breaking through an important level.
Setup of moving averages is turning bearish and we can also play this with a very favorable risk to reward ratio of 1:3 or better.
Good luck!
We already had a very important signal: a strong bearish movement breaking through an important level.
Setup of moving averages is turning bearish and we can also play this with a very favorable risk to reward ratio of 1:3 or better.
Good luck!
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