GBPCHF: Bullish reversal off D1 DZ/Monthly low?

2019-12-19 15:35:34

After a strong bullish run last Fri, it loses steam towards the end of the day and ended at the mid of the D1 candle. That's a first sign of bearishness. Looking to the left, you would have notice the bull move was towards a W1 SZ. The whole of this week see price slowly drifted lower. Currently we see a H4 reaction to a D1 DZ /Monthly low. If the current H4 close at this level, we should see a move towards the indicated level.

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