SwissPips

GBP/CHF: Rejection, strong sell (85 pips), check it out!

Short
SwissPips Updated   
FX:GBPCHF   British Pound / Swiss Franc
Hi guys

We got a nice trade going on with GBP/CHF.

I am targeting next fib extension (200%).

Check out the idea!

Feel free to like/comment my ideas.

Best,

Jesse

Comment:
The trade could obviously take a few days since we are talking about 85 pips.
Comment:
Some of you have been asking there you go

Since we have A LOT of inside bars = consolidation, the breakout should be violent

Comment:
Current H4 is full and strong, beautiful. Let's hope it goes all the way down fast now :-)
Comment:
Nice H4 candle. Ok i m off until tomorrow guys.

Don’t forget if you would like to interact with me please leave a like or a comment ;)
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According to the above, it looks like Sellers are in full control of the pair.

I'm off for real now :-)
Comment:
Hi guys,

Still in the trade, keeping it going lower. Will update later on.
Comment:
Triangle broke with a strong bearish candle.

Let it go all the way down to 1.28

Comment:
Currently falling hard.

40 pips to target! Let's hope it's reached today!
Comment:
Pulling back a little bit.

Can't manage to break the current range

Should go to target soon.

If price breaks the range to the upside I will take my profits and enter short at a higher level

Comment:
Current pattern forming on M5

Will exit if it breaks to the upside with a confirmation and will re-enter again at higher prices

Comment:
Bears should eventually manage to push it down to 1.28. I will not chase more pips than that.
Trade closed: target reached:
Target reached! 85 pips in one day, pretty cool!

Who took the trade?

Have a good evening guys
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