Hi Guys,
Lets look at this chart and see that there is a double top formation from the previous top.
Also, we can see that there is a bearish divergence between the previous high and the peak with the RSI showing a downtrend.
From here, i believe that GBPCHF will reverse to a downtrend.
T/P1 at 1.3221
T/P2 at 1.3084
S/L above the 1.3500
Please don't trade more than 2% of your capital
Cheers!
Lets look at this chart and see that there is a double top formation from the previous top.
Also, we can see that there is a bearish divergence between the previous high and the peak with the RSI showing a downtrend.
From here, i believe that GBPCHF will reverse to a downtrend.
T/P1 at 1.3221
T/P2 at 1.3084
S/L above the 1.3500
Please don't trade more than 2% of your capital
Cheers!