Saturday, August 3, 2013

GBPCHF PRICE ACTION: Closing Price Reversal Trade Setup at Support Zone pulls Price Higher. August 02, 2013

 GBPCHF has pulled slightly higher, following its Closing Price Reversal Price Action Setup. Some might also call this setup an outside bar. The trend remains bearish unless price find its way above the Supply Zone as depicted on the chart. In the meantime, Price Action Sell setups would be sort in the event that this pullback fails to break above the Resistance Zone.

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2 comments:

ayman khlifat said...

Great Post ! thank you very much

Ahize said...

You are welcome Ayman