noobieYETpro

SHORT SELL OPPORTUNITY IN GBP/CHF

Short
FX:GBPCHF   British Pound / Swiss Franc
Reasons-

1) Weekly & monthly trend is down as per 200 ema & Ichimoku Cloud.
2) Current market structure is sideways/trendless.
3) Wyckoff distribution phase.
4) Decisive rejection from the upper range (key resistance) on the daily chart.
5) Small stop for reward 3x the risk taken.
6) Fibo golden ratio 0.618

Kindly trade at your own risk.
Good Luck ^_^
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