GBPCHF: Sell Opportunity

The price breaks the local uptrend line. It gives a sell signal.

Entry Point: below 1.28100
Stop Loss: above 1.28620
Profit Target: at 1.27015

Risk per trade must be no more than 1% of your capital.

Comment:

The market gives us a double top which is a bearish signal. The market is bearish and we can expect the further downward movement.

Comment:

It is better to close the trade at breakeven.