PipTips

SIMPLE BREAK AND RETEST

Short
FOREXCOM:GBPCHF   British Pound / Swiss Franc
Hello traders, could we see a bearish reaction if this support turned resistance is tested? This market recently escaped from a consolidated wedge that was formed over 3 days of trading. Are the bears planning on taking position to push the market to the downside? This is an idea not a signal, monitor price action for confirmation and trading opportunities.
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