VasilyTrader

GBPCHF: Bearish Outlook 🇬🇧🇨🇭

Short
OANDA:GBPCHF   British Pound / Swiss Franc

Hey traders,

GBPCHF reached a key daily structure resistance yesterday.
Taking into consideration that the pair is trading in a long-term bearish trend,
chances are high to see a bearish move from that.

On an hourly time frame, the price formed a double top formation
and broke a support line of a rising wedge pattern.

I expect a bearish continuation now to
1.235
1.2285

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.