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orlandodray
Sep 1, 2019 12:58 PM

GBPCHF shorting idea Short

British Pound/Swiss FrancFXCM

Description

These 2 options are what i am looking for in GBPCHF, option 2 gives a better RR which aligns nicely with the 78.6 fib and 200 ema, however i think option 1 looks more likely with price being pushed sideways creating what seems to be a triple top. If price can potentially push into the 61.8 zone, i will be looking for a short with a 1% risk as the reward is looking very much worth it.
Comments
transparent-fx
here my markup on it based on different timeframes
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