For GBPCHF my main bias is still Bearish. We are currently sitting at a Weekly high zone, holding since April 2020. Not only a Weekly high zone, also Supply & Demand zone. We have a -27 Fib completion, so we can expect some downside momentum. Nice indications on the Weekly chart.
Comment
⋅
DAILY
We are still making HHs and HLs on the Daily chart. Impulse & relief with the trend: Bulls getting tired, bears gaining power. You don't want to trade against the trend, we want a break of ascending trend line/last HL before considering a Short trade.
ALWAYS STAY NEUTRAL AND ANTICIPATE ON THE SITUATION.