GBPCHF – VERY CHOPPY MARKETS, THIS IS APPROACHING VERY INTERESTING LEVELS. THERE HAS BEEN INCESSANT DEMAND FOR CHF. WE WILL LOOK FOR LEVELS TO BUY GBPCHF.

12.20.2021

For us to be interested we will have to see the following:

1- the BOTTOM has to hold and we need to see consolidation

2- We would like to see some positive DIVERGENCE form in the chart, suggesting seller exhaustion

3- One bottoming candle, followed by a confirmation candle.

We will monitor this pair, the level looks great.