Daroon-

Bearish 600pip sentiment.

Short
FX:GBPCHF   British Pound / Swiss Franc
This is a simple support and resistance analysis.

A break below 1.18250 will be the trigger to the emerging 600pip move.

Time & Price (especially price) will be our guide through this one.

Heavy bearish momentum around 1.1825 will confirm everything.

The bears will be responsible for driving price down to 1.11250.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.