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Mihai_Iacob
Apr 5, 2020 6:03 AM

GbpChf- towards 1.16? Short

OANDA:GBPCHF60
GBP/CHFOANDA

Description

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Like in other currency pairs, Gbp corrected forming a rising wedge also with Chf. Now the support of the pattern is broken and the pair is ready to resume its downtrend.
A sell trade on this pair has a spectacular R: R ratio of 1:4
Trend AnalysisChart PatternsTechnical IndicatorsGBPCHFgbpchfshortgbpchfanalysis
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