GBPCHF on the lookout for shorting entries
Evening traders, little bearish push today, looking for further downside movement following an hourly break of structure today with the daily now decelerating nicely.
I was initially looking for price to push slightly higher up into the 1.3 level which it just missed by a couple of pips, but couple of things to be aware of, we have not yet had a 4 hourly break of structure and we are sat on the 4 hourly 50ema along with being above the daily 50ema.
Lets see how this one develops.
I was initially looking for price to push slightly higher up into the 1.3 level which it just missed by a couple of pips, but couple of things to be aware of, we have not yet had a 4 hourly break of structure and we are sat on the 4 hourly 50ema along with being above the daily 50ema.
Lets see how this one develops.
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.