Shorting GBPCHF
I'm late to this pair, if I was looking to short. If price returns to the 1.345 area, then I'll consider shorting it only, if price begins to post daily bear candles on the daily time frame. Once I see those bear candles, then I'll move to the 1H to begin placing sell limit orders.
Note
It looks like price would have been ready for shorting during mid April into mid May.Note
Roughly what entries and stops look like on the 1H.
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Related publications
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.