GBP CHF TF H4 16.06.20 Short
GBP CHF H4
Sell 1.19450
SL 1.20525 (Loss 113 Dollar)
TP 1.17650 (profit 190 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
4. I am unaware of CHF development
Risk to reward 1:1.
Disclaimer on
Please use proper money management; may the Pips be with you :)
Sell 1.19450
SL 1.20525 (Loss 113 Dollar)
TP 1.17650 (profit 190 Dollar)
Reason to sell:
1. Down trend.
2. Fibo matched with resistance area
3. Stoch overbough
4 Brexit and big negative GDP figure
Reason to doubt:
1. No chart pattern
2. No supporting candle stick
3. No MACD Divergence.
4. I am unaware of CHF development
Risk to reward 1:1.
Disclaimer on
Please use proper money management; may the Pips be with you :)
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