GBPCHF short.

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This pair has been in a ranging market for several weeks.
The price returned to the resistance level, and the daily candle from 27/12 is unusually long, indicating that buyers were in control. However, the candle from 30/12 closed inside the unusually long candle, forming a harami pattern. This confirms the resistance level and provides the signal to short.

Jeffrey Gomes Lopes
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Additionally, the Risk Reward Ratio (RRR) of 4.66 is another strong reason to pull the trigger.

Jeffrey Gomes Lopes

Feragatname

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