GBPCHF - Grabbed by the bears again?

PAIR IN FOCUS: GBPCHF
ACTION: SHORT
HORIZON: SHORT TO MEDIUM-TERM

Even though GBPCHF did not retrace as much as other GBP pairs in the last week, it could still be grabbed by the bears again. Price retraced to retest a S/R level, and could form another retest before heading down. Look for bearish price action before any SHORT entry.

The TP levels and Stop Loss are indicated on the chart. Remember to manage your risk!

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