Get started
michele_laino

GBPCHF - bearish opportunities

Short
British Pound / Swiss Franc (OANDA:GBPCHF)  
michele_laino  
OANDA:GBPCHF   British Pound / Swiss Franc
gbpchd gbpchf_forecast shortsetup Bearish Patterns Trend Lines dynamiclevels Fibonacci Fibonacci Retracement
3
0
gbpchd gbpchf_forecast shortsetup bearish trendline dynamiclevels fibonacci fibonacciretracement
On the daily chart the correction seems over, we will have confirmation when a bearish pattern will appear.
We are on 61,8% Fibo.
Furthermore the trend line, if you go back on the daily chart, has worked several times as dynamic support and resistance.
So i think the trend line could work again as dynamic resistance and will push down the price.
Leave me comment, suggestions and you point of view.
Thanks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.