The GBPCHF already around good also already at 0.618 fib retracement.
So this will be a good risk and reward sell trade during the breakout to the downside.
If the chart keep going to upside i will not enter the trade
Good Luck and Trade Wisely
This opinion is based on my strategy:
I will closed your trade. and i will check another opportunity to enter the trade again.
because this pattern breaking to the upside and not downside as stated.