moorekapital
Short

GBPCHF: IN TRADING RANGE. ONE MORE LEG DOWN EXPECTED

FX:GBPCHF   British Pound/Swiss Franc
81 0 6
Been busy these past few days, and could not publish this trade in time, though I took it on my account.
I short the close of the 2nd bar in the 2B candlestick formation, w/ a stop , slightly above the pattern.

GBPCHF             is entering a trading range, according to my methodology.

A very nice buying pressure followed a Sell Climax, evidenced by 3B reversal pattern.
I'm seeing a potential Limit to Initial Breakout rally.

Anticipating one more leg down to testing the SX.

Nothing is 100%. We trade probabilities.^_^

I would monitor and act accordingly.

RELATED IDEA, 3MONTHS AGO

GBPCHF: HIGHER HIGH MAJOR TREND REVERSAL
Currently doing trading, full time for a living. I invite you to share in my private funds management. Minimum Capital: $10 000USD.
CONTACT: moorekapital@gmail.com or PM me for a discussion today! https://www.tradingview.com/chat/#Q8tWbgGWUxMgOT0K
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