GBPCHF is testing a strong horizontal resistance.
Here are multiple bearish clues that I spotted after the test of the underlined area:
the market was rejected heavily, forming a sequence of rejection candles,
the price formed a head and shoulders pattern and broke its horizontal neckline,
the pair violated a support line of an expanding wedge pattern.
I believe that the market will most likely drop lower soon.
Goals: 1.1117
❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅
❗️YouTube Channel www.youtube.com/c/VasilyTrader
💰Instagram: www.instagram.com/VasilyTrader/ 💰
✅Facebook: www.facebook.com/VasilyTrading/ ✅