Jal121

GBP/CHF - Simple Technical Analysis!

OANDA:GBPCHF   British Pound / Swiss Franc
GBP/CHF - 4 HR Chart - There are four different technical aspects on this chart.
First is the double top , where price has formed a 'V' type pattern.
A psychological level which price often respects.
Thirdly, a break of an ascending channel which indicates sellers entering the market.
Finally, we can see a key level in the market which is acting as support (meaning price has fallen but hasn't been able to break our middle blue highlighted level).

Keep your analysis nice and simple - and focus on these four aspects!

Happy Trading!

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out