GBP.CHF - Multi-Timeframe Confluence

Currency Pair: GBP.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short

Live GBP.CHF updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.

Kommentera:

This pair is one on my trade list for this morning after a textbook pullback.

Kommentera:

This trade setup is now valid, however i have decided to take the USD.CHF as opposed to the GBP given the additional confluence.