Price has been moving bearish since last week ! And a swift drop on the last days of previous week left huge amount of long orders at around 1.22850 . So we are expecting a pullback at that zone and hopefully price reverses from that point on wards
GBPCHF has been moving bullish since 21st December . We have been seeing rejection @1.21200 . Now we are expecting a pullback upto @1.18900 . Overall we are bullish if we shed light on the MONTHLY price action we will have an overall bias for where price would likely move towards . Simplicity-Charting-Trading . Let's hope for the best !
Huge price gap to the upside as price pushed today at 9.10 am EST as Fed Chair powell spoke about inflation and stuffs. So there is a nice little OB . Expecting price to reach upto 50% of the OB and drop. Hopefully during NY session ! Target is grabbing sell side liquidity. And if price moves down taking out sell side liquidity first then we will look to ride...
