GBPCHF COULD BE A GOOD SELL
Hello, Traders!
Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum.
We're also anticipating impactful GBP news in the next few hours. It's critical that you remain alert for swift price shifts and ensure you manage your positions in line with your account balance.
Presently, we're seeing a strong bearish tide in the overall market. Particularly noteworthy is the 'Falling Three Methods' pattern completion we've spotted on the 4-hour timeframe. This is a significant bearish signal, pointing to continued downward momentum.
We're also anticipating impactful GBP news in the next few hours. It's critical that you remain alert for swift price shifts and ensure you manage your positions in line with your account balance.
Comment:
Bearish engulfing candlestick does suggest continuation.