gbpchf

Hey guys seeing a possible downtrend continuation pattern on this pair... looks like its retracing back up a bit and might be preparing on a further move down,,, any thoughts on this pair from anyone experienced in its movements... i know it def trends well once it gets moving any insight would be helpful... Thanks.

To trade crosses is much more difficult then straight pares.

I mean I prefer having EUR or JPY as one side of a cross. The other crosses seems to me to be very unstable.

touching 23.6 fib on weekly. May be a good idea to place limit orders either side by say 50-100 pips. My "system" however is accumulating shorts.