Currency Pair: GBP.CHF Time Frame: Daily, 4hr, 1hr & 5min Predicted Direction: Short
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Price broke and closed below strong support confirming the 1hr TF which i see as a minor consolidation period prior to a further push to the downside.
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Textbook break and retest of the 38.20% and 1hr 50EMA Although this was a great setup i was personally long on GBP.USD so i didn't take this position due to live exposure.