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GBPCHF : Short Trade , 1h

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Paun British / Franc Swiss (FX:GBPCHF)  
mrAT_Trader  
FX:GBPCHF   Paun British / Franc Swiss
Trend Analysis GBPCHF gbpchfsignal gbpchfanalysis signals Forex forexsignals setup analysis gbpchfsell
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trendanalysis gbpchf gbpchfsignal gbpchfanalysis signals forex forexsignals setup analysis gbpchfsell
Hello traders, we want to check the GBPCHF chart on the 1-hour time frame. The price is moving in a descending channel and after breaking the support level between 1.12000 and 1.12200, it has pulled back. We expect this level to turn from a support level to a resistance level and maintain the downward trend of the price and cause the price to fall until the specified targets. Good luck.

GBPCHF sell Entry : 1.12065

Stop : 1.12630 , Target1 : 1.11500 , Target2 : 1.10920

Risk/Reward Ratio : 2
Penafian

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