British Pound / Swiss Franc
Short
Updated

GBPCHF 4H

153
Price in a steady downtrend making lower lows & highs. 38.2 Fibonacci region rejected with a pin bar to the 200 Ema as well. A new bearish leg should come out to play this week. Entry now I would have a stop at the red line, or wait for a break of the counter uptrend line for shorts
Note
snapshot price failed to break above this resistance 8 times now
Note
snapshot target 1 hit
Note
1.28400 is target 2

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