Fxprotrader

GBPCHF: Bearish AB=CD Completion At Key Level

Short
Fxprotrader Updated   
FX:GBPCHF   British Pound / Swiss Franc
Price has completed a bearish AB=CD pattern at a slide parallel of a downslope median line. RSI is overbought with a bearish divergence. Stoploss and profit targets as shown at the chart

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Trade closed: stop reached
Trade active:
I will go short once again with this pair. It seems that it's rejecting the current level. The new setup offers a much better risk reward ratio

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