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GBPCHF: Important Breakout & Bearish Outlook
British Pound / Swiss Franc
Short
GBPCHF: Important Breakout & Bearish Outlook
By VasilyTrader
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Updated
Jan 27, 2021
3
3
13
13
Jan 26, 2021
GBPCHF formed a cute h&s formation on a strong horizontal 4H structure.
Its neckline was just broken and now the hourly candle closed below that.
Taking into consideration that we remain bearish biased on the pair from last week,
chances are high that the market will drop.
Intraday goals:
1.2105
1.20853
Jan 27, 2021
Note
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Fibonacci
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priceactionanalysis
Support and Resistance
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Trend Analysis
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