GBPCHF : RETRACEMENT OPPORTUNITY AT 1.46054

The price has reached fibo extension 100.0 (AB=CD), and resistance of 200 SMA at 1.46054 and some bearish candle pattern appeared. Looking for a short opportunity at towards near 1.42000 seems a little bit attractive.

TRADE IDEA:
LOOK FOR SELLING OPPORTUNITY TOWARDS 1.42000
SL : 1.46500
TP : 1.42000

Commento:

Close half position and keep another half position with its SL adjusted to 1.44570