GBPCHF has shifted from a bullish environment to a bearish environment after rejecting a strong level of weekly resistance. This market ended the week by creating a new LL that can be seen the cleanest on H1. I'll be waiting for this market to retest the previous structure support as new resistance before placing sells. A break and retest above previous support will invalidate sell setup
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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.