📌 Potential SELL setup for: GBP/CHF
👩🏽💻Technical: The current trend in the market is bearish, and it's moving within a defined channel. Nevertheless, this setup is demanding a pullback. Without it, it's likely that your stop loss will be hit if you enter the market now.
🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving averages can help protect your stop loss, so aiming to enter on a bearish candlestick formation would be even better.
🎯 For an ideal entry: If you wait for a pullback, you might be able to achieve a better risk-reward ratio since the moving averages can help protect your stop loss, so aiming to enter on a bearish candlestick formation would be even better.