British Pound / Swiss Franc

Short

GBPCHF Short Setup

By The_Trading_Wizard_

Updated

GBPCHF rejected major resistance with a bearish engulfing on 4H and a topping tail , that major resistance coincide with daily descending trendline so i decided to open a short here , we also got some Bearish divergences that confirms that price may go down, i expect to price go down until our next minor support area.

Comment

Moved SL to breakeven

Trade closed: target reached

Hit take profit, trade closed

The_Trading_Wizard_

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