GBPCHF: Short sell
Updated
GBPCHF closing closing below a very strong weekly resistance on 1 hourly chart supports my short sell idea. On the flip side double bottom formation casts some doubts on the idea. Stop loss is placed at immediate daily resistance.
Note
Fresh Entry with SELL position possible at 1.21833 weekly resistance.
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.