GBPCHF is in the strong downtrend, and price retraced to the supply zone and upper band of descending channel. Market dynamic look like its corrective move, not the impulse. Shorting with small position now and will add one more after the break.
Target 1 is POC of the previous accumulation. Target 2 will be bottom of the channels.
Target 1 is POC of the previous accumulation. Target 2 will be bottom of the channels.
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🟣 Trading Academy
🟣 Trade Setups
🟣 Community
👉 linktr.ee/davidperk
🟣 Trade Setups
🟣 Community
👉 linktr.ee/davidperk
Related publications
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.