ForecastCity
Short

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 (1.209). 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 46.

Take Profits:
TP1= @ 1.1870
TP2= @ 1.1675
TP3= @ 1.1250

SL: Break Above R2
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Comments

Absolutely amazing you guys are doing great job
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, thanks for your nice comments on this post.
+1 Reply
thank you very much for your analysis!
+3 Reply
ForecastCity Mesutkashmar
@Mesutkashmar, You got it.
+1 Reply
thank you very much for your analysis!
+2 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, you're welcome.
+1 Reply
Your analysis is very accurate
+2 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, yes it is. we hope you enjoy it.
+1 Reply
And I really liked your trading strategy for Longterm forecasts.
+2 Reply
ForecastCity Alexander_007
@Alexander_007, We're glad you liked it.
+1 Reply
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