GBPCHF– H4 Technical Analysis

GBPCHF– H4 Technical Analysis

FORECAST: BUY

Price is currently bearish and is hunting to flush out daily liquidity pool from 1.19184. There is a monthly liquidity pool lying at 1.16116 in the monthly time frame.

The pair will do one of two things:

SCENARIO 1: (Line Arrow)
Anticipating a buy if sentiment changes from current bears. This requires a lot of patience.

SCENARIO 2: (Dotted Arrow)
Price will go lower to clear-out a liquidity pool between around 1.19184 zone. Before it goes up.

Sentimental Analysis: Current

35% - Selling
65% - Buying

TRADE CALL: Waiting for BUY signal