ForecastCity

Don't miss the great sell opportunity in GBPCHF

Short
FX:GBPCHF   British Pound / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.1885). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 42.

Take Profits:
TP1= @ 1.1715
TP2= @ 1.1578
TP3= @ 1.1417

SL: Break Above R2
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Comments

Excellent prediction
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks
Reply
Thanks for sharing such a great sell opportunity for GBP/USD with us. 🥰🙏🥰
+1 Reply
fxniki fxniki
@fxniki, Sorry GBP/CHF :)
+1 Reply
@fxniki, Sure ;)
Reply
@fxniki, You're welcome!🙏
Reply
Thanks for sharing this great idea
+1 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, You're welcome!🙏 we hope you find it useful.
Reply
thanks 👍👍
+1 Reply
ForecastCity dzulkiflisy
@dzulkiflisy, You're welcome!🙏
Reply
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