FullTimeTrader
Short

GBPCHF-nice retracement to the 0.61 fib

FX:GBPCHF   British Pound / Swiss Franc
464 3 13
Although my previous setup failed my bias is still bearish on this pair. Price made a deeper retracement and it is better now.

We have:

- price broke the trendline support and is testing it
- 0.61 fib retracement
- convergence on oscillator
- Strong S/R
- today price closed below the important psycholevel 1.5000

Regards

it will be a better chance
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I'm with you on this one, small lot size, hoping to add some at a slightly better level...
Good luck!
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