TradingView
olly48
Feb 19, 2021 9:52 AM

GBP/CHF Wait For Retrace 

British Pound / Swiss FrancFOREX.com

Description

This hit TP yesterday on my previous posts for this pair. Want to see this retrace now for another chance to long. I have marked out the area for this to retrace to around 0.382 Fibonacci, we need to wait and see when this rebounds though as it is possible to drop further than this between 0.5 and 0.618, I think this is unlikely but its better to wait and be safe.

After support is found target can be set at 1.26633 with SL just below the nearest supports low.
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