The GBPCHF was in a bullish wedge (correction) that was stopped by the resistance zone and the 61.8% fibo. Now the wedge is broken and the pair will return to its main bearish.
Our entry was triggered after a clear bearish close below the 1.20300.
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Our entry was triggered after a clear bearish close below the 1.20300.
If you find this analysis useful please don't forget to hit the like button, leave a comment and follow me for more useful content.
Forex Fundamentals 24H
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.
Forex Fundamentals 24H
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.