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 chiuso manualmente
Trade liquidated at a small profit due to change in sentiment.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.