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Cyrus1235
May 27, 2022 1:44 PM

GBPCHF RANGE BREAKOUT Short

GBP/CHFOANDA

Description

GBPCHF finally breaks out of range with an impulse from 1.22000 to 1.20000. On the retest of the broken support now turned resistance at 1.21200 which is also in confluence with 50% of the fib pulled on impulse, we can see price created a double top and from here we can scale down to smaller TF and take our short we TP at 1.19500.
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