Get started
tradafx

Wait for downtrend confirmation and sell signal with GBPCHF

Short
British Pound / Swiss Franc (OANDA:GBPCHF)  
tradafx  
OANDA:GBPCHF   British Pound / Swiss Franc
Support and Resistance Fibonacci Parallel Channel GBP chf GBPCHF gbpchfshort Ascending Channel breakout
6
3
supportandresistance fibonacci parallelchannel gbp chf gbpchf gbpchfshort ascendingchannel breakout
H4 time frame.
Structure: Strong downtrend.
After a strong downward move, the price formed an ascending channel, this channel hit resistance at 1.26500.
Here, waiting for the price to break through the ascending channel and appear confirmation of the downtrend, then you can enter a sell order with GBPCHF.
The profit target is the 1.24000 price zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!

Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: www.youtube.com/c/TradaFXForexTrading
❤
Facebook: www.facebook.com/tradafx
Instagram: www.instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1

Related Ideas

tradafx
Wait for downtrend confirmation and sell signal with GBPUSD
tradafx
Wait for confirm and sell signal with GBPCHF
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.