GBP.CHF: short position

Sterling Pound/Swiss Franc it's look bearish too like GBP/USD

snapshot

In H4 timeframe, we formed a bearish butterfly harmonic pattern. And also, analyzing the fibonacci, we're below in the 0.782% to see a possible short position in this trade.

I put a sell order limit to $1.1681 CHF, Stop Losss to $1.1719 CHF (38 pips) and huge take profit to $1.1529 CHF (152 pips)

Good luck
armonicpatternbearishsetupBeyond Technical AnalysisForexGBPCHFTrend Analysistrendanalysisexplained

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