GBPCHF Watch for this bearish reversal
Diupdate
Hello traders:
GBPs lately have been bearish across the board, and certainly is looking so on GBPCHF.
We can see price action formed an ascending channel/wedge structure, correcting the price to the previous swing high.
This is a good indication the bullish momentum is exhausted, and we can expect a reversal price action.
We then see a sharp bearish impulse down, breaking out of the correction. Good sign or further bearish continuation down.
Wait for LTF continuation correction here to get in on the bearish run.
Thank you
Catatan
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.