Citadel

GBPCHF - Pending Short Trade

Short
FX:GBPCHF   British Pound / Swiss Franc
Technical Analysis For Potential Long Trade

Based on market structure GBPCHF 240min chart is in a downtrend
Price failed to reach at its last upmove the upper parallel of the rising channel
We had a sell off with start point the upper MLUP of the pitchfork


Entry: 1.24960
Stoploss: 1.25430
Profit target: 1.23510

3:1 risk/reward
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.