💡Don't miss the great sell opportunity in GBPCHF

Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.30000).
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 29.

Take Profits:
TP1= @ 1.29640
TP2= @ 1.29070
TP3= @ 1.28500
TP4= @ 1.27900
TP5= @ 1.27000
TP6= @ 1.25700

SL: Break Above R2

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