GBPCHF 4HR 1HR SHORT

V formation held earlier. Test 1 should be completed soon (The circled area) which is higher highs and higher lows compared to the consolidation earlier which confirmed our V-formation. Going with a tighter stop loss than normal as from my strength numbers its a weak vs neutral pair so a spike should not be likely. Test 2 should occur lower than test 1 however as test 1 is already high i feel as though it is the best price to get it at so I shall try