GBPCHF-nice retracement to the 0.61 fib
Although my previous setup failed my bias is still bearish on this pair. Price made a deeper retracement and it is better now.
We have:
- price broke the trendline support and is testing it
- 0.61 fib retracement
- convergence on oscillator
- Strong S/R
- today price closed below the important psycholevel 1.5000
Regards
We have:
- price broke the trendline support and is testing it
- 0.61 fib retracement
- convergence on oscillator
- Strong S/R
- today price closed below the important psycholevel 1.5000
Regards