GBP.CHF - Targeting Daily 50EMA

Currency Pair: GBP.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live GBP.CHF updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.

Should my daily predicted direction be incorrect no trade opportunity will be generated.

Comment:

Although price has pulled away from the 1hr & 4hr 50EMA i still feel a break of these levels will validate a trade entry.