On the Weekly we can see GBPCHF has been in a downtrend . We also see the last weekly candle closed as gravestone to the downside , rejecting the 1.22 level as well as the trendline . All that’s left is to wait for a daily candle to reject and close going away from 1.22 , scale down to the 4H time frame and repeat, before finally looking for an entry.
Comment thoughts and your bias as well thank you .
Comment thoughts and your bias as well thank you .