GBPCHF formed bearish parabolic curve pattern
Pair broke major uptrendline
Price is based below SMA 100
and below key level at 1.2113
MACD shows start of bearish momentum
RSI broke uptrend
It's expected to target first support level at 1.1871
then target demand zone at 1.1708
Pair broke major uptrendline
Price is based below SMA 100
and below key level at 1.2113
MACD shows start of bearish momentum
RSI broke uptrend
It's expected to target first support level at 1.1871
then target demand zone at 1.1708
Trade active
Hit TP1 +52 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.