KaltoireCapital

GBP/CHF approaching resistance zone: Potential sell

Short
OANDA:GBPCHF   British Pound / Swiss Franc
Hello traders, GBP/CHF is approaching a multi-week resistance zone from where
price could potentially fall 200+ pips.

This zone has has worked as a strong resistance in the past, and if there is bearish
price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525
with Stop Loss above the 1.1550 level and TP at 1.13
Comment:
90+ pips profit
Comment:
Very close to TP, current profit : 148 Pips
Trade closed: target reached:
GBPCHF fell to 1.1176 today, which is exactly what I indicated in my idea and chart

Profit : 300 Pips
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