GBPCHF BEARS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
GBPCHF BEARS TO KICK IN AGAIN! 📚
👉As we can see price is still around a massive resistance zone, adding on price is still overall bearish trading inside this falling broadening wedge pattern.
where we are still looking for new shorts around these zones!
👉Meanwhile, from a short-term perspective, price is trading inside this rising channel, and for the bears to kick in we need a momentum candle close below our last major swing low, then a movement lower would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective. 📚
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
