HermannHesse
Short

GBPCHF reaching upper boundary short trade opportunity

FX:GBPCHF   British Pound/Swiss Franc
47 0 4
GBPCHF             is about to reach the upper boundary in a ascending channel at the same time that a high weekly resistance.

The market is completing an equal correction so it may start falling before. Must pay attention to H4, which keeps uptrend at the moment.

Reasons to sell:

1. High resistance
2. Upper boundary
3. Equal correction

Take profits set above two posible descending channels.
Trade active: Dragonfly Doji and RSI Overbought H1 show reverse downward

snapshot
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