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adamh20

GBPCHF Short Opportunity!

Short
British Pound / Swiss Franc (FX:GBPCHF)  
adamh20  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Technical Indicators GBP chf GBPCHF
11
4
trendanalysis chartpattern indicator gbp chf gbpchf
GBP/CHF is currently trading below 200 day SMA, suggesting a downtrend.

There is a clear head and shoulder pattern as shown in the chart - opportunity to short at the 1.189 neckline level if trend is confirmed by H4 candle.

Please let me know what you think of this idea - I'd love to hear your thoughts!

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