The idea of sell GBPCHF

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Strong level of Resistance has held up well. Bears seems to be in control now with a strong bearish engulfing candle emerging. Set up a target at the lower support area. Entry set if price breaks the 1.1780 support level.

Let's keep the technical simple and easy for all to understand.

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Trade wurde manuell geschlossen
Close at break even point. Price is going side ways too long. Have to re-analyse the chart. Thanks.
FibonacciSupply and DemandSupport and Resistance

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