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TradewithDann

GBPCHF Possible SHORT

Short
British Pound / Swiss Franc (FX:GBPCHF)  
TradewithDann  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns GBPCHF gbpchfshort gbpchfsell
6
1
trendanalysis chartpattern gbpchf gbpchfshort gbpchfsell
price has pulled back nicely to the 618 fib area which is also a key resistance area.
It is also below the 50D EMA & the 100D EMA as added confluences

We also have a bearish continuation flag forming on the 1H TF as additional confluence

I expect a little bulllish movement (30-50 pips) before a rejection of resistance and a bearish movement to the downside to the region of 1.192 region
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