GBP|CHF - Personal Analysis. Break and Re-test.
RR 1:2
Keeping charts simple.
There was a consolidation phase and now price broke below the consolidation phase expecting a continuation of downtrend but expecting correction tomorrow or next day this week.
If Price goes back into the consolidation zone, then expecting for price to hit the high of consolidation phase again to re-test for break of bullish trend.
RR 1:2
Keeping charts simple.
There was a consolidation phase and now price broke below the consolidation phase expecting a continuation of downtrend but expecting correction tomorrow or next day this week.
If Price goes back into the consolidation zone, then expecting for price to hit the high of consolidation phase again to re-test for break of bullish trend.