ForecastCity_Turkce_TR
Short

Don't miss the great sell opportunity in GBPCHF

FX:GBPCHF   British Pound / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2128). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPCHF is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 1.2017
TP2= @ 1.1893
TP3= @ 1.1715

SL: Break Above R2
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Comments

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