๐ GBP/CHF Short Setup
๐ป Analysis:
GBP/CHF is facing selling pressure after failing to sustain above a key resistance level. A bearish structure is developing, suggesting a potential short opportunity.
๐ Technical Factors:
Bearish Confirmation: Lower highs & rejection from resistance
Momentum: Weak bullish continuation, indicating seller dominance
๐ Confirmation Signals:
Bearish candlestick patterns (e.g., engulfing, pin bar)
Bearish divergence in RSI/MACD
Break below key support level
๐จ Risk Management: Stick to proper risk-reward ratios and manage your position size accordingly.
๐ข Whatโs your outlook on GBP/CHF? Share your thoughts in the comments! ๐
๐ Follow for more trade setups!
๐ป Analysis:
GBP/CHF is facing selling pressure after failing to sustain above a key resistance level. A bearish structure is developing, suggesting a potential short opportunity.
๐ Technical Factors:
Bearish Confirmation: Lower highs & rejection from resistance
Momentum: Weak bullish continuation, indicating seller dominance
๐ Confirmation Signals:
Bearish candlestick patterns (e.g., engulfing, pin bar)
Bearish divergence in RSI/MACD
Break below key support level
๐จ Risk Management: Stick to proper risk-reward ratios and manage your position size accordingly.
๐ข Whatโs your outlook on GBP/CHF? Share your thoughts in the comments! ๐
๐ Follow for more trade setups!
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.