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GBPCHF: Catching Bearish Move

Short
Sterlina / Franco svizzero (FX:GBPCHF)  
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FX:GBPCHF   Sterlina / Franco svizzero
Trend Analysis Chart Patterns Wave Analysis forecast GBPCHF swissfranc chf swing short SELL Currencies trader
29
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trendanalysis chartpattern waveanalysis forecast gbpchf swissfranc chf swing short sell currencies trader
snapshot

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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