GBPCHF broke major uptrendline
Price is based below key level at 1.2080
and below HVN at level 1.2044 which indicates that pair is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
RSI broke uptrendline
we r waiting to break level 1.2005 to open short trade
First target will be at support level 1.1870
then second target will be at demand zone near level 1.1700
Price is based below key level at 1.2080
and below HVN at level 1.2044 which indicates that pair is in distribution phase
Below SMA 100
MACD shows weakness in bullish momentum
RSI broke uptrendline
we r waiting to break level 1.2005 to open short trade
First target will be at support level 1.1870
then second target will be at demand zone near level 1.1700
Trade active
Hit TP (1) +30 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.