MagpieK

GBPCHF - 10/5/2020

Short
MagpieK Updated   
FX:GBPCHF   British Pound / Swiss Franc
As we can see in the graph, GBPCHF has reached the end of the triangle area
A big down trend is expected since GBPCHF is under the pressure of quarterly ma for a couple of days
It may drop till 1.19 next week

Daily: rejection from the monthly ma
4hr: may going to break the triangle

wait the price drop down to 1.2 to entry
Good Luck!!!
Trade closed: target reached:

here we got it ~
Comment:
1.203-1.19
130pips reached
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