Pin bar rejecting July 2012 high-GBP/CHF

FX:GBPCHF   British Pound / Swiss Franc
51 0 0
GBP hit highest point since July 12. Appears to have rejected the area in way of nice pin bar on daily chart . Only reservation I have about this trade is that the pair on a upward trend. If price breaks pin bar low by 10 pips I intend to short but keep stop above high of friday's candle. Risk to reward would be to lose approx 55 pips to possibly gain around 110, not that good, but Im comfortable with that.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out