Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/CHF reversed from powerful resistance level 1.3300
2019-11-11 • Updated
- GBP/CHF reversed from powerful resistance level 1.3300
- Next sell target - 1.3300
GBP/CHF today reversed sharply from the powerful resistance level 1.3300 (which stopped the previous intermediate impulse wave (1) at the end of October, as can be seen below). The resistance zone near the resistance level 1.3300 was strengthened by the upper daily Bollinger Band. GBP/CHF is expected to fall to the next sell target at the next round support level 1.3000 (which reversed previous waves A, (2) and 2).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...