ProjectSyndicate

gbpchf h4 range locked short high from resistance

Short
FX:GBPCHF   British Pound / Swiss Franc
Hello traders, today let's review gbpchf 4hour chart. currently
we are closing in on range highs and therefore risk/reward
is slowly shifting in bears favor right now, so bears should
be on high alert and be ready to execute shorts from resistance.

The active range is defined by range lows at 1100 and
range highs at 1450. 1490/1580 premium levels overhead
and 0980/0910 premium levels below range lows.

Recommended strategy bears: look to execute shorts
from overhead close to 1500 premium prices. SL 60 pips.
TP1 +200 pips TP2 +300 pips. Swing trade setup, do not
expect fast/miracle gains in this market.

🎁Please hit the like button and
🎁Leave a comment to support our team!

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
gbpjpy 4h advanced xabcd setup short from resistance

MY LINKS OVERVIEW
🟡 TAPLINK.CC/PRSYNDICATE
75% WINS FREE/PREMIUM SIGNALS TELEGRAM
🔴 T.ME/THESYNDICATE001
LIFETIME BUNDLE FX/CRYPTO
🟡 SYNDICATE001.CC/
FREE GOLD TRADING SIGNALS
🟡 T.ME/SYNDICATEGOLD001
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.