GBP/CHF Short Setup

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๐Ÿ“‰ GBP/CHF Short Setup

๐Ÿ”ป Analysis:
GBP/CHF is facing selling pressure after failing to sustain above a key resistance level. A bearish structure is developing, suggesting a potential short opportunity.

๐Ÿ“Š Technical Factors:

Bearish Confirmation: Lower highs & rejection from resistance
Momentum: Weak bullish continuation, indicating seller dominance

๐Ÿ“Œ Confirmation Signals:

Bearish candlestick patterns (e.g., engulfing, pin bar)
Bearish divergence in RSI/MACD
Break below key support level
๐Ÿšจ Risk Management: Stick to proper risk-reward ratios and manage your position size accordingly.

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