GBPCHF: Strong D1 Bearish closed

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GBPCHF made a very strong D1 Bearish closed. AUD might be weaker than GBP as seen in the strength GBPAUD. So AUDCHF should be a better sell. But GBPAUD is reaching an area of resistance and Fri price action looks like it might be coming off. Moreover, AUDCHF down move seem a bit overstretched. Thus, I choose GBPCHF instead of AUDCHF to go SHORT on pull back

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.