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!
Find out more at itstradingtime.com/
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.
Find out more at itstradingtime.com/
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.