GBPCHF is Broken

FX:GBPCHF   British Pound / Swiss Franc
This cross looks likely to further break to the downside. It's attractive because it is retesting a major zone. A breakdown of this cross would indicate trouble in US equities as safety capital flows into the Swiss Franc .
Trade active: Stopped out at 1.4643. Re-entered short at 1.4630.
Trade closed: target reached: Took profit on a small piece today.


Another excellent chart... I took some shorts based on it... I'll send you a check if it works out ;)
Or maybe I can make a bitcoin donation or something... your charts help me a lot... cheers.
kosai19 kosai19
Forgot to mention... my stops are 1.4870 and my target is 1.3575. That gives an RR ratio of around 3.4 (which means if it works 1 in 3 times you still profit... so it's a must take trade for me). I love trades like that =)
Lanmar kosai19
nice.. looks like youre off to a good start. GL on that target! cheers
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