At our last analysis, we hit profit target at 618, this is the update analysis from that point.
Rightnow GBPCHF reach 618 with very strong bullish, but it stop at 618. If this level strong enough to hold bullish movement,
we have 3 target for bearish :
a. daily fibonacci .14 at 1.2468
b. Triple bottom at 1.2249
c. November support at 1.1928
Short Entry : 1.2744
Stoploss : 1.2897 or depend on your money management
Target : 1.2468 or 1.2249 or 1.1928
Risk reward ratio : 1/8.1
Target pip : 832 pips
Good luck
Rightnow GBPCHF reach 618 with very strong bullish, but it stop at 618. If this level strong enough to hold bullish movement,
we have 3 target for bearish :
a. daily fibonacci .14 at 1.2468
b. Triple bottom at 1.2249
c. November support at 1.1928
Short Entry : 1.2744
Stoploss : 1.2897 or depend on your money management
Target : 1.2468 or 1.2249 or 1.1928
Risk reward ratio : 1/8.1
Target pip : 832 pips
Good luck
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last analysis 19 july :
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