Hey Guys, Based on the chart, there is a good sell opportunity on GBPCHF. But let check the chart and see what is happening right now: ----------------------------------------------------------------------------- 1. False Breakout happened on a uptrend channel -- Based on the candlesticks (Bearish) 2. Price is in a downtrend (Bearish) 3. Price reached a resistance area and rejected strongly (Bearish) 4. Hidden divergence on RSI(14) (Bearish) 5. Price reached to 0.5 Fibonacci (Bearish) 6. Small uptrend channel not broken yet! (Bullish) --------------------------------------------------------------------------- So Based on the top scenarios, I have bearish bias about the next movements of price which can also have a good risk reward raio. But considering risk management rules in a necessity and have not be ignored. But let's see what do you think about GBPCHF on H1 timeframe. Are you bullish or bearish? - Please write your ideas on the comments. Any idea is valuable for us! Thanks for being and supporting us. Good Luck!