GBPCHF SHORT

Updated
Based on the structures on the left hand-side GBPCHF has a tendency of creating upward channels and breaking below the channels formed. This is because the pair is in a down trend and retraces upward. For better R:R ratio I will be taking short opportunities on the resistance of these channels.
Trade closed: target reached
nice profits. good R:R ratio. lets look for new opportunities
Trend Analysis

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