GBPCHF is based below supply zone at level 1.1569
and below HVN at level 1.1601 which indicates that pair is in distribution phase
Price is below SMA 100 H1 frame
MACD shows bearish momentum
RSI is below level 50
we r waiting to break support level 1.3880 to open short trade to target demand zone at level 1.1115
and below HVN at level 1.1601 which indicates that pair is in distribution phase
Price is below SMA 100 H1 frame
MACD shows bearish momentum
RSI is below level 50
we r waiting to break support level 1.3880 to open short trade to target demand zone at level 1.1115
Trade active
running +22 pipsTrade active
running +77 pips
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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.
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.