GBP/CHF SHORT FROM RESISTANCE

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Hello, Friends!

Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.143.

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This pair is unstoppable so we are waiting for the TP!
Bearish PatternsChart PatternsforecastForexGBPCHFSELLshorttecnhicalanalysistradingTrend AnalysisWave Analysis

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