GBP/CHF Ichimoku short Idea
This pair has been in the cloud, which indicates that it is ranging between strong price trends. We are staying below kijun and tenken and chikou span has been hanging out below price. We got rejcted at the bottom of the cloud, which is flat, indicating a strong level of support/resistance. If we can break that level we could be in store for a good short run. I've marked out where I will be placing my stop and my targets if that level is broken. This pair will definitely be on my radar this week.
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