tradafx

Wait for Key level breakout and sell signal with GBPCHF

Short
OANDA:GBPCHF   British Pound / Swiss Franc
H2 time frame.
Structure: The uptrend was broken when the down move broke the Key level at 1.26600.
There is now a smaller uptrend forming within the range of the previous down move and a new key level appears at 1.26200.
Wait for the price to break this Key level and have a retest move, then look for selling opportunities with price targets of 1.25600 and 1.24800.
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Wish you all have a good trading day!