Time to short GBPCHF?

3 באפר׳ 2020

GBPCHF has retraced back after a long impulse to the downside. The confluence of Fibonacci and previous support turned resistance level to provide us a good zone to look for short opportunities in the 4Hr time frame.

11 באפר׳ 2020

הערה

Double bottom is formed on Daily chart. Price consolidating on 4 Hr chart. Waiting for the breakout retracement pattern to happen for the entry.