GBPCHF is consolidating in Channel Pattern, According to chart pattern analysis, we might see a breakout on the downside from Channel pattern towards the support 1 and support 2, as target price. One can initiate the short side trade only after the breakout on the downside with proper risk management and stop-loss.

Thank you

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.