GBPCHF It took rejection exactly where i wanted it to so took a sell at this one with the 4hr tf at 1.12200 . Looking for 1.11300 1st tp 2nd 1.10400 final if we can make it 1.09542
GBPCHF Market went higher then i anticipated hence i never took any sells. As mentioned this could tap 1.12300 and it went slightly higher but so far rejected, we may see a further rejection here to the downside but wait for confirmation as could also break and head back to 1.12800. Like i always say adapt to market conditions don't focus on 1 number. ALWAYS WAIT FOR CONFIRMATION!
GBPCHF Bounced right off 1.11300 as mentioned earlier, that was expected so closed my short and entered a long and have now closed all trades! Will now wait for another entry for shorts once we see a retest and rejection but will wait confirmation. It may head to 1.12300 if it breaks this area
GBPCHF It will likely retrace but i can see more down movement coming, 1.11300 is the next hurdle then as you can see 1.10400 looks promising as the next major support. Please note im a swing trader and look for longer term trades,