GBP/CHF

28 thg 2, 2018

Gchf appears to have made a 4 hr correction and is broke out. I've said I've been in this one. Best thing to do if you are not in it yet is to wait for some kind of pullback (smaller structure) and set a sell stop order below it. There is always the possibility of it making a flat here and correcting up further. I am posting this pound pair because it moves slower and the others are further extended. And it may have more downside than some others, possibly A LOT... The level it is at is really what it needs to break, but if you missed some pound sells you may be able to get down on this one. Just keep in mind a flat pattern and one more up in correction is possible but I feel it looks like a sell.