Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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GBPCHF BEARS TO KICK IN AGAIN! đź“š
👉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. đź“š
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and as usual follow your trading plan and manage your risk.
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