rjacobus

GBPCHF 1d reversal, sell retest

Short
OANDA:GBPCHF   British Pound / Swiss Franc
- After shortly breaking above key resistance at ~1.30, price came
back down to retest support at ~1.2950.
- Stayed within range a couple more candles, reacted to 1.2950 again,
but ultimately broke below.
- MA crossunder.
- Price is currently retesting the area, EMA.

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.