Hello and welcome to my Trade Idea of the currency pair GBP/CHF.
Let's start with the Top Down Analysis.
Monthly: Very strong bearish trend.
Weekly: We see on the weekly timeframe almost only bearish candles except one green candle.
Daily: The daily timeframe shows a pullback and therefore a possibility for a sell.
H4: On the h4 timeframe we draw a counter trendline and wait for a confirmed breakout.
Have a nice day.
Let's start with the Top Down Analysis.
Monthly: Very strong bearish trend.
Weekly: We see on the weekly timeframe almost only bearish candles except one green candle.
Daily: The daily timeframe shows a pullback and therefore a possibility for a sell.
H4: On the h4 timeframe we draw a counter trendline and wait for a confirmed breakout.
Have a nice day.