GBPCHF has just made a double top on the hourly and prices have retraced into the neckline. Fibs are pulled and prices have rejected the .618-.79 area which is why we are shorting. Possible channel being formed from the break of structure on the hourly timeframe. Take this 1:2.3 RR short down from 1.304 to the -1.618 level which was previous Resistance on higher timeframe H4,D.