Sterlina / Franco svizzero
Short
Aggiornato

GBPCHF - sell idea

Quite an interesting setup. I identified a running flat, that is likely supporting the further downside for this pair.

A regular entry is with the sell stop order below the wave B. Although, a more risky entry is at current prices with the SL above the nearest high.

trade safe, mind your risks.
Trade attivo
istantanea
Adding
Nota
istantanea

78.6% is the last line of defense
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after a large ABC flat -> an impulsive move down - followed be a lower frame irregular flat, 3-35 structure.
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As an option, also valid - a bearish triangle
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Declinazione di responsabilità