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UnknownUnicorn180388
Oct 9, 2017 4:18 PM

GBP.CHF > Short Opportunity > 1.3098 Short

British Pound/Swiss FrancFXCM

Description

Currency pair - GBP.CHF
Chart timeframe - 4hr
Area of interest - 1.3098 & 1.3200
Chart pattern - Bearish Cypher

Potential target 1 - 1.2959
Potential target 2 - 1.2876
Potential extended target - 1.2815
Comments
JupiterFox
i would totally agree with you idea of this one, i would like to short somewhere between 1320-1300, i even think what happened on jan 15 will repeat again :)
UnknownUnicorn180388
@DongDa, I hope all goes well, we will see how price reacts if / when it breaks the 4hr EMA
ticikab8303
Do you ever consider the fundamental perspectives of GBPCHF?
UnknownUnicorn180388
@ticikab8303, Hi,

I don't trade the fundamental aspect.
pav4ito
@tomhall, So what do you do when they increase the interest rates in the UK? You still sell £ because of animals on your charts?
UnknownUnicorn180388
@pav4ito, What will you do as a trader when the markets crash? The questions are subjective as the timescale is unknown.
I always respect other traders views and opinions but please don't comment to provoke an argument.
pav4ito
@tomhall, Thing is, we know they are going to be raising interest rates soon. As mentioned by the Bank of England. But ok.
UnknownUnicorn180388
@pav4ito, Believe half of what you see and nothing of what you hear.
I'm not doubting interest rates will be changed, however we are looking at a 4hr chart and not a monthly so it's a lot less significant.
Sailosi
@pav4ito, Of course not, the UFOs will eat the animals on the charts and leave positive price action for the smurfs to high-five with.
wejejafag4824
Hi good sir, many people from where I am from, Luxembourg, would love to have you coach us. Do you provide coaching?
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