GBPCHF Set to Run the Last Bearish Leg Before Rally Resumption
Greetings fellow risk-takers!
The pair is GBPCHF, and buyers are getting exhausted around this strong resistance line. Two things are needed to break through this resistance: High-impact news or another bear run to collect momentum need to violate this resistance: the latter is likely.
It may be safe to ignore any buy opportunities at the moment until decisive breakout to the upside or after price has extended its bear run.
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*This is for entertainment purposes only and shouldn't be construed as investment advice.
Happy Trading!
The pair is GBPCHF, and buyers are getting exhausted around this strong resistance line. Two things are needed to break through this resistance: High-impact news or another bear run to collect momentum need to violate this resistance: the latter is likely.
It may be safe to ignore any buy opportunities at the moment until decisive breakout to the upside or after price has extended its bear run.
______
*This is for entertainment purposes only and shouldn't be construed as investment advice.
Happy Trading!
Trade fermée manuellement
Trade liquidated at a small profit due to change in sentiment.
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.
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.