💡Don't miss the great sell opportunity in GBPCHF

FX:GBPCHF   British Pound / Swiss Franc
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.21360).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.

Take Profits:
TP1= @ 1.20530
TP2= @ 1.19840
TP3= @ 1.19180
TP4= @ 1.18110
TP5= @ 1.16850

SL: Break Above R2

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Great work! Thanks for the trading opportunity.
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, You're welcome. 🌹
nice break down here. It's outstanding! 👏
+1 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, It's good to know you like it. thanks for your comment 🌹
Just in time. Cheers 👍
+1 Reply
@Kamryn, Cheers 🌹
Thanks for the trading suggestion. you chart is fine and i'm ganna trade on my own
+1 Reply
ForecastCity Josef_anderson
@Josef_anderson, You're welcome. We wish you the best 🌹
I like it. it seems like the opportunity we should take. thanks
+1 Reply
ForecastCity Best_Forecast
@Best_Forecast, You're welcome. 🌹 we hope you enjoy it.
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