Analysis on #GBPCHF
The GBPCHF might have a possible bearish harmonic bat pattern similar to my analysis on GBPJPY, but in this market, i see a lower possibility for this pattern to complete, but having a plan to get in if the market moved there does not hurt.
>> If the market comes to my structure resistance zone near 1.2590-1.2600 where the market turned bearish in the past, I will then look for a selling trade with a good risk to reward if the entry rules are met.
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Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
The GBPCHF might have a possible bearish harmonic bat pattern similar to my analysis on GBPJPY, but in this market, i see a lower possibility for this pattern to complete, but having a plan to get in if the market moved there does not hurt.
>> If the market comes to my structure resistance zone near 1.2590-1.2600 where the market turned bearish in the past, I will then look for a selling trade with a good risk to reward if the entry rules are met.
________________________________________
Dear Traders, the best "T h a n k Y o u" will be your likes and comments!
Thanks for your continued support!
________________________________________
Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only*
