Potential Short opportunity for GbpChf?
Updated
1.3191 - 1.3110 is the key area of support/resistance.
The GbpChf has been very bullish since 5th of March but we can see that the buying has becoming weaker in the recent days.
A Doji was formed yesterday showing the indecision of the market.
Will the Pound fall against the Swiss Franc when price break below the Doji's low?
My position :
Entry : 1.3144
SL : 1.3224
TP : 1.3024
*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
The GbpChf has been very bullish since 5th of March but we can see that the buying has becoming weaker in the recent days.
A Doji was formed yesterday showing the indecision of the market.
Will the Pound fall against the Swiss Franc when price break below the Doji's low?
My position :
Entry : 1.3144
SL : 1.3224
TP : 1.3024
*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***
Order cancelled
I have cancelled my orders as the price went up instead of coming down. Still, I will keep an eye on this currency pair for short opportunity.
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