TomProTrader
Short

GBPCHF-UPDATE- BEARISH FORCE, EXPECT MOVE INTO THE LOWS!- FOREX

FX:GBPCHF   British Pound / Swiss Franc
266 6 16
Traders,

UPDATE: We are well in the money since I last posted this trade 5 days ago. Well done to everyone who followed me and took this short with me. Hold, expecting more downside.

A nice bearish move, we had a bullish pullback into the minor highs, hitting the sideways resistance trend line and hitting the Fibonacci retracement also. We have used the 50MA as resistance, suggesting this is purpose filled agenda move to the lows.

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Best regards,
Tom
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Hi Tom ! Why are you not giving the inverted H&S pattern in daily , some space to operate ? Thanks !!
+1 Reply
Could be, could be not! All ideas are valid until they're invalidated :-)
Reply
waterman TomProTrader
Great reply.I! ! really appreciate your openness to other ideas. Thanks !!
+1 Reply
Thank you.
Reply
great one so far! thanks again Tom
+1 Reply
Thanks Tijmen
+1 Reply
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