ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor GBP/CHF Long-Term Trend: Bearish
Key Resistance Levels: 1.06755, 1.07148, 1.07972
Key Support Levels: 1.06411, 1.06202, 1.05985
Daily Chart:
The price on the higher time frame has recently shifted to downtrend after it tested a resistance level of 1.06755 and reversed the direction. The pair has now reacted strongly at a supply zone, which suggests further trend continuation.
GBP/CHF Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked resistace area. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.
Signal Idea:
Sell Limit Order @ 1.06627
TP @ 1.06447
Stop Loss @ 1.06807
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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