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SMPTrader

GBP/CHF Sell Opportunity

British Pound / Swiss Franc (FX_IDC:GBPCHF)  
SMPTrader Updated   
FX_IDC:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Beyond Technical Analysis gbpchfshort GBPCHF SELL short currencytrading currencymarket forextrading trading stratgey
2
0
trendanalysis chartpattern beyondta gbpchfshort gbpchf sell short currencytrading currencymarket forextrading trading stratgey
Chart Time frame - 4 Hourly
Trade Timeframe - 1-2 weeks
Actions on -
A – Activating Event
Currency Pair creating a Double Top
B – Beliefs
Market will be rejected at 1.317 level and move towards the Target 1 level @ 1.277


Trade Management
Entered @ 1.3154
Stop Loss @ 1.3193
Target 1 1.277




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Comment:
The trade should of fallen by now. Will keep monitoring trade and if trade moves to far north I will close position
Follow your Trading plan, Remain disciplined and keep learning !!

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