GBP.CHF - Break & Retest Of Ascending Trendline
Currency Pair: GBP.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
Live GBP.CHF updates will be available in the comments section below
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
Live GBP.CHF updates will be available in the comments section below
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Price broke and closed below strong support confirming the 1hr TF which i see as a minor consolidation period prior to a further push to the downside.
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Textbook break and retest of the 38.20% and 1hr 50EMA
Although this was a great setup i was personally long on GBP.USD so i didn't take this position due to live exposure.
Although this was a great setup i was personally long on GBP.USD so i didn't take this position due to live exposure.
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