good morning, guys
GBPCHF reached a strong resistance of a rising wedge pattern.
taking into consideration oversold rsi with divergence on 8h/4h charts
and a double top formation with a confirmed violation of its minor support on 1h,
chances are high that the price will retrace.
to catch a bearish movement you can sell the retest of broken support or just enter aggressively depending on the desired r/r.
targets:
1.2037
1.2017
stop above the tops
good luck!
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅