GBPCHF, 4hr tf, bearish flag pattern

Hello guys,

It has been 2 weeks since my last post in tradingview.
I haven't found any interesting setup so I don't post anything.

Today i finally found an interesting trade to share with you all so i will share it.

As you can see, GBPCHF right now hovering at 61.8 fibonacci retracement of recent swing low. It looks like a bearish flag to me and we might get another swing to the downside.

For this pair, our position gonna be sell.

Sell GBPCHF 1.2670
Stop loss 1.2730
Take profit 1.2390 (4.67R)

Use only 1-2% risk
Good luck
Bearish FlagFibonacciFibonacci RetracementFlagGBPCHFgbpchfanalysisgbpchfsellgbpchfshortpriceactionpriceactiontradingSupport and Resistance

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