zohaibayub85
Short

Short with Plenty of Confirmation

FX:GBPCHF   British Pound/Swiss Franc
92 0 0
Price broke out of the blue channel, came back to retest it and formed a nice pin bar. i think the price should go much lower. The 4hr chart also shows current prices being at a minor resistance level. The price is also at the 200 day moving average which is again acting as resistance. Ideally would like to have the stop at the dotted black line, however looking at the 4 hr             chart price is at a minor resistance level.
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