FXCapitalKings

Potential Short Opportunity GBPCHF

Short
FX:GBPCHF   British Pound / Swiss Franc
Look to enter on or just above 38.2 Fibs. Stop Loss just above previous HH. We expect this pair to correct back to test the 200SMA.

On the 4H 13EMA is approaching to close the day crossing down on the 50SMA. When this happens this is the sell signal for one of our confirmation before looking to enter a position on a potential 200 PIP Move!

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