GBPCHF: Bearish Accumulation & Breakout 🇬🇧🇨🇭
From the end of July, we saw a very nice bearish accumulation on GBPCHF.
The price was setting lower highs respecting the same low.
Yesterday, the price managed to break the previous low, setting a new lower low lower close on a daily.
Now the broken contracting area serves as a sell zone.
From that, I will expect a bearish swing.
Next goal - 1.24
❤️Please, support this idea with a like and comment!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
Related publications
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.