Hi Guys,
Here we have a valid Bearish Bat on the Daily GBPCHF.
Price passed 'D' point and rejected 'X'. 'X' point is also a monthly resistance. 'D' point is a third touch on a downtrend. Daily and four hour time frames are oversold. I will be watching this pair closely for the best entry point.
Do let me know of any thoughts or questions.
Thank You!
Victoria
Here we have a valid Bearish Bat on the Daily GBPCHF.
Price passed 'D' point and rejected 'X'. 'X' point is also a monthly resistance. 'D' point is a third touch on a downtrend. Daily and four hour time frames are oversold. I will be watching this pair closely for the best entry point.
Do let me know of any thoughts or questions.
Thank You!
Victoria