YGForex

GBPCHF Sell Opportunity!!! Bullish Retracement Completed!!!

Short
FX:GBPCHF   Britisches Pfund / Schweizer Franken
We can see that BULLISH strength is starting to weaken as it recently moves near the 50.0 fib level. For now, I will be seeing great BEARISH pressure from 50.0 fib - 61.8fib level max. Having said that, 61.8 fib price level is also where a strong resistance level lies (@1.2120). You can choose to enter a few trades for this pair at the various level or if you will want to take the risk you can enter at 50.0 fib level. I will see this pair moving to the support level @1.1918 also where the ichi cloud is. Further movement will be updated again.

Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.