GBPCHF Sell Watch

3 thg 12, 2020

Looking at a sell watch for GBPCHF. Currently we see price trickling down within this 1H downtrending channel. Price has been respecting this downtrending channel and also seems to currently be respecting the horizontal level above. There is no news in this pair for today, so I'll simply be waiting for a confirmation via a lower high and more bearish action before I enter a trade here. If we get a proper entry, we will be looking at abut a 3.5:1 profit loss ratio here.