GBPCHF SHORT

6 thg 4, 2020

Due to the decline in jobs i'm expecting the poud to drop since hedge funds have also been decreasing their long position on the pound however on technical side of the story ,odds are on our side as you can see price is currently trading at supply, orders were successfully accumulated on the rising wedge chart pattern that is fully formed and broken the selling pressure overpowers the bulls as we opened with a volume gap that has been fully filed and we saw price rejecting as it filled the gap signaling that the bearish momentum is overpowering bulls...i hope this helps you,Happy Trading. #QuarantineAndTrade