GBPCHF-forming a nice symmetrical triangle

FX:GBPCHF   British Pound / Swiss Franc
798 9 20
This pair is forming a nice symmetrical triangle for wave 4. Price is near the point (E) and then we could have a strong thrust to the downside.
Im placing sell limit orders near 1.4870
Last target is 1.45000
Best Regards.
This one is looking positive FTT. You may be interested in this one which hopefully is correct and this turns into a great trade: https://www.tradingview.com/chart/GBPCHF/s08PiqhY-DON-T-MISS-THIS-ONE-GBPCHF-SELL-SETUP/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish
FullTimeTrader BuySellBuySell
Hello, thanks for the information. Each trader has his own trader style and i respect it. I agree this pair has a good downside potential. If you as me i opened three positions on the level shown on my chart. Lets see next weeks how develops.
BuySellBuySell FullTimeTrader
Nice work and thanks again. Just a little position for me, but hopefully it works out well. Fingers crossed!
I open this action today at 1.4871
Please what a stop loss should i choose ?
Best Refards
FullTimeTrader MahdiTaouss
SL should be fine at 1.4940. Make the habit of always making your own analysis and plan since this is just and idea. Anyway, im already in. good luck!!
MahdiTaouss FullTimeTrader
Thank you for your advice, i appreciate :)
thanks a lot
i am also following it... i already made a lil bad entry but still waiting for it to break the triangle and go down to wave-5. thanks for the heads up
thank so much
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