British Pound / Swiss Franc
Short
Updated

GBP/CHF Sell Opportunity

Chart Time frame - 4 Hourly
Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top
B – Beliefs
Market will be rejected at 1.3154 level and move towards the Target 1 level @ 1.277


Trade Management
Entered @ 1.3154
Stop Loss @ 1.3195
Target 1 1.277


Note
Important news report for GBP will be coming out in 2.5hrs. I Will move stop loss closer prior to the news report
Note
20 mins until news report
Note
Was great to see that there was no effect on the trade!! Will sit back and monitor trade.
Note
Trade moving in my direction and heading to my first target

Disclaimer