GBPCHF is a pair that respects analysis and simple market structure. This pair is in an overall sideways market. But in a 4hour and daily is a buying trend so hopefully we could profit from this expected market pattern that it is currently forming.
As we can see that GBPCHF has made or is currently forming a Head & Shoulder and from previous price action this pair might respect the setup and fall.
The price at 1.14590 is a strong support that might be respected but aiming for a bearish movement. The most crucial part is to wait for the market to come to us. If the market crosses the current support in 1.14590 and retest it the we are certainly going for sells.
As we can see that GBPCHF has made or is currently forming a Head & Shoulder and from previous price action this pair might respect the setup and fall.
The price at 1.14590 is a strong support that might be respected but aiming for a bearish movement. The most crucial part is to wait for the market to come to us. If the market crosses the current support in 1.14590 and retest it the we are certainly going for sells.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.