VasilyTrader

GBPCHF: Catching Bearish Move

Short
FX:GBPCHF   Livre sterling / Franc suisse

GBPCHF is falling from a strong daily supply cluster.
The price has recently tested a confluence zone of a strong horizontal resistance and a major rising trend line.

As a confirmation, on hourly, the price has formed a double top pattern with a lower high and closed below its neckline.

Now bearish continuation is expected.

Goals:
1.1806
1.1752

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