GBP/CHF Bearish Channel Idea
GBP/CHF is following a very wide channel, of which it just bounced off the upper trend line. The GBP is in some rough weather currently, so be wary for swings.
Trade this set-up carefully, wait for the price to close below the confirmation line to get some insurance in case the price will return bullish.
Consider Support 1 to exit your position (partially). In case you're feeling dauntless, take Support 2 for an extra reward.
Trade this set-up carefully, wait for the price to close below the confirmation line to get some insurance in case the price will return bullish.
Consider Support 1 to exit your position (partially). In case you're feeling dauntless, take Support 2 for an extra reward.
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