GBPCHF has reached a DAILY resistance and buyers got really weak!
Sellers also formed a nice bearish candlestick + volume .
Short 8.79R/R
Sellers also formed a nice bearish candlestick + volume .
Short 8.79R/R
Trade closed manually:
Buyers came way stronger than i expected. Close with small loss.
We might try to short it again when buyers get weaker
We might try to short it again when buyers get weaker
Comment:
Check 2nd idea for this pair. This was a trap for buying from higher timeframe.
Its good we got out will small loss.
Its good we got out will small loss.
We are in profit. Sellers came in strong and with volume!
We're looking good on this trade! Chances are high it's going to work out in our favor!