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swingtradingthemarkets
Jun 11, 2014 6:09 PM

GBPCHF (POTENTIAL SHORT) @1.5115-1.5125 Short

British Pound/Swiss FrancFXCM

Description

Potential short once again at the top of the Daily Chart before the continuation to the 1.5240. Based on our analysis a short trade at the 1.5115 - 1.5125 will provide us a retracement to the edge of the channel at 1.5050.
Entry: SELL @1.5115-1.5125
Stop 1.5145
Target @1.5050
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