GBPCHF - SHORT - H8
As I close my GBPCHF Long positions, a Short opportunity shows up.
Possible Short setup using 0.618 fib price bounce and Ichimoku H8 cloud break as confirmations. Possible bearish correction still in play. Possible corrective impulse wave has started going on. Channel trend lines are confirmed with 3 bounces.
SL is above the cloud and recent swing high.
TP just above -0.27 Fib & TP @ 1.00 Fib ext
Only posting to develop my own personal discipline and skills.
As I close my GBPCHF Long positions, a Short opportunity shows up.
Possible Short setup using 0.618 fib price bounce and Ichimoku H8 cloud break as confirmations. Possible bearish correction still in play. Possible corrective impulse wave has started going on. Channel trend lines are confirmed with 3 bounces.
SL is above the cloud and recent swing high.
TP just above -0.27 Fib & TP @ 1.00 Fib ext
Only posting to develop my own personal discipline and skills.