GBPCHF-1H Bearish Shark
Updated
Pair shows formation and completion of bearish shark pattern.
It is at the resistance of a broadening wedge.
Price is getting pulled away from BB and shows volatility divergence.
RSI is still strong so may expect a double top in coming time.
Expecting T1 as 38.2%, a min retracement.
It is at the resistance of a broadening wedge.
Price is getting pulled away from BB and shows volatility divergence.
RSI is still strong so may expect a double top in coming time.
Expecting T1 as 38.2%, a min retracement.
Trade closed: stop reached
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