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 the suggested resistance line (1.2798).
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 a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 1.2756
TP2= @ 1.2714
TP3= @ 1.2675
TP4= @ 1.2640
TP5= @ 1.2590

SL: Break Above R2

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Comments

Looks good to me. And the chart is nicely done.
+2 Reply
ForecastCity carefulOwl22772
@carefulOwl22772, Thank you for your comment. We appreciate it
Reply
Great call 👍 👍
+2 Reply
ForecastCity sofi_Morphy
@sofi_Morphy, Thank you for your comment. We appreciate it
Reply
hope it's going on sell😊
Reply