andrewh47

GBP/CHF - Symmetrical Triangle: With Short Entry

Short
OANDA:GBPCHF   British Pound / Swiss Franc
4
The GBP/CHF is nearing a breakout, look for large moves up or down.

 
There is a nice opportunity to grab some pips, it looks like a relatively small breakout will occur if you loom at the smaller time frames.

I predict that it will move down because of the strong resistance lines. (on the 3hr chart)


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