Whaaaat´s up traders ?
Here is my short analysis for the GBPCHF pair. Im short on this pair as we see major market structures forming. Currently price is above my entry ,but with the right risk management there is nothing to worry or stress about. As long we do not move a larger move (20-50 pips) over the divergence trend line. After 3 levels of rise we expect at least a bigger correction from there.
Wishing you a great trading week and be careful for pre elections during these hours :)
Here is my short analysis for the GBPCHF pair. Im short on this pair as we see major market structures forming. Currently price is above my entry ,but with the right risk management there is nothing to worry or stress about. As long we do not move a larger move (20-50 pips) over the divergence trend line. After 3 levels of rise we expect at least a bigger correction from there.
Wishing you a great trading week and be careful for pre elections during these hours :)
Trade closed: target reached