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Don't miss the great sell opportunity in GBPCHF

Short
FX:GBPCHF   British Pound / Swiss Franc
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.2613). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40 .

Take Profits:
TP1= @ 1.2530
TP2= @ 1.2475
TP3= @ 1.2360

SL: Break Above R2
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