GBPCHF: Important Breakout & Bearish Outlook
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
Note
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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.