We are BEARISH on this Pair, first the CHF is Strong,also the POUND is showing a sign of weakness, but on the GBPCHF chart, we have a SHIFT in TREND to the DOWNSIDE, we also have some confluences as that area is hitting the dynamic resistance+BB , while it mid-term is still BEARISH, We saw our LTF confirmation and decided to take the Trade, IF this matches with ypur TRADE IDEA, you can join us too, Update will be shared in the comment/update sections. THANK YOU.
Trade closed: stop reached
WE HIT STOP LOSS YESTERDAY, AND WE HAD A RE-ENTRY TODAY.
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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.