sufiansaid

GBPCHF Bearish Plan

Short
OANDA:GBPCHF   British Pound / Swiss Franc
In reference to this plan below, the pair didn't exactly stay inside the range but there was certainly a bull trap/stop hunt/liquidity run above those levels.


I am anticipating the price would reach the 20-week AWR downside projection this coming week. Based on this anticipated move, I need the price to tap into one of the levels I marked on the charts, to warrant my short position of the pair

The ongoing risk for bearish plans for any sterling pairs is any development on Brexit related news such as bad things happening to Borish Johnson expense and or bad news on no-deal Brexit. No risk event for Switzerland

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