GBPCHF may fall from the Bearish Order Block
Bearish Order Block: 1.12562 and 1.12521
GBPCHF may move down from the bearish order block, with a high probability of ending in profit. The price has already touched the order block, signaling an opportunity to open a short position. I’ve used Smart Money Concepts (SMC) to analyze the charts. Let’s see how the price reacts here.
GBPCHF / SHORT / M15
LOT :- 0.1
Entry Price :- 1.12524
Take Profit :- 1.12177
Stop Loss :- 1.12871