Livre sterling / Franc suisseMis à jour [Market Breakdown 2] GBPCHF
WEEKLY
For GBPCHF my main bias is still Bearish.
We are currently sitting at a Weekly high zone, holding since April 2020.
Not only a Weekly high zone, also Supply & Demand zone.
We have a -27 Fib completion, so we can expect some downside momentum.
Nice indications on the Weekly chart.
For GBPCHF my main bias is still Bearish.
We are currently sitting at a Weekly high zone, holding since April 2020.
Not only a Weekly high zone, also Supply & Demand zone.
We have a -27 Fib completion, so we can expect some downside momentum.
Nice indications on the Weekly chart.
Note
DAILYWe are still making HHs and HLs on the Daily chart.
Impulse & relief with the trend: Bulls getting tired, bears gaining power.
You don't want to trade against the trend, we want a break of ascending trend line/last HL before considering a Short trade.
ALWAYS STAY NEUTRAL AND ANTICIPATE ON THE SITUATION.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.