GBPCHF Bearish BOS and projected retreat to continue fallingThe price has just made a new bearish break in high temporalities, this may indicate that it wants to continue falling... this is why I can project a retreat to the marked levels to continue falling. Remember that it is always better to take 3 entries with adjusted Stop Loss and good risk management compared to 1 single entry and with stop loss giant.
(1) Break this level produce a new bullish BOS in Lower time frame, ideal to expect that the price does not break the previous minimum and that it continues to rise until the next marked level.
If the price rises above the last red rectangle and the candle does not close above it, it has only been a liquidity takeover to continue falling.
