832 pips bearish target for GBPCHF

At our last analysis, we hit profit target at 618, this is the update analysis from that point.

Rightnow GBPCHF reach 618 with very strong bullish, but it stop at 618. If this level strong enough to hold bullish movement,
we have 3 target for bearish :
a. daily fibonacci .14 at 1.2468
b. Triple bottom at 1.2249
c. November support at 1.1928

Short Entry : 1.2744
Stoploss : 1.2897 or depend on your money management
Target : 1.2468 or 1.2249 or 1.1928
Risk reward ratio : 1/8.1
Target pip : 832 pips

Good luck

Commento:

last analysis 19 july :