ForexTrendline

An opportunity and analysis on GBPCHF

Short
FX_IDC:GBPCHF   British Pound / Swiss Franc
Right now we don't have any trading opportunities on the major pairs.
That's when we look at the cross pairs instead.

Here we have a nice downtrend which successfully breaks below previous lows.
Now on another breakout and retest we expect to see another downside move.

The first support level here is 1,2600 followed by 1,2570.
Choose the lower target, but follow the progress of price action.
✅ JOIN FREE TELEGRAM: https://t.me/trendlinefreetrade
❓ If you got questions: https://t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: https://t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: https://t.me/trendlinefreetrade

Comments

Nice chart
Reply
@YMGroup, Thank you
Reply
Hi my friend! very accurate
Reply
ForexTrendline AtlasTrades
@AtlasTrades, Thank you
Reply