selfrighteousgambler
Short

GBPCHF SHORT-TERM SELL. INTRA-DAY

FX:GBPCHF   British Pound/Swiss Franc
Prices for GBPCHF             fell sharply away from the 1.4483/1.4498 area pretty strongly, penetrating deep into the H1 demand zone .
This signifies the end of that zone as it may not survive another move into the area.
If this works out, it pays 3:1 at least with a 15-pip risk.
Profit target also lines up with half the distance between the demand zone below and the supply zone above.
The only two issues with this trade, are;
1. GBPCHF             is in an uptrend in the short-term. Supply zones are getting violated.
2. The demand zone is in control, as it is from a bigger timeframe.
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