Bull |Long GBPCHF
Strong Momentum on the Exponential Moving Averages , candle -stick pattern recognition , risk-reward on point . Price volume was used to visualise the High Buying & Selling interest at specific price levels .
With GBP fundamentals due out tomorrow on the 20th April 2021 , will be interesting to see how strong price would be .
Market structure in place with a nice Engulfing Bar off a key resistance area , Fridays close confirms the Bearish price action into a new week. Multiple Confluence levels confirms this as well , Price Action , Candlestick pattern , Swing High and Ema + Volume Profile. Great Risk2 Reward Ratio as well.