sell opportunity on gbp/chf
as we can see price has been trending in a typical downtrend showing lower highs and lower lows. however price has now retraced to a previous key price level and is now showing consolidation. all we need to do now is wait for the institutional money to exchange their liquidity and essentially begin the momentum shift to the downside. once this is complete we enter the trade at a 1:5 risk to reward ratio ( stop loss = 50 pips, take profit = 250 pips ).
Thanks for reading.
Thanks for reading.
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