#GBPCHF (Harmonics, 200sma, Fibonacci)

#GBPCHF (Harmonics, 200sma)

Analysis:

1. 200 sma on higher time frame (daily) is close to the zone
2. Possible harmonic pattern forming
3. Previous supply zone

Trade Execution:

1. Have just one order. Wait for the confirmation in the zone
2. Target 1:1 R/R ratio

News/Fundamentals:

27 April: 10:00am GBP CBI Industrial Order Expectations
28 April: 8:30am GBP Prelim GDP q/q
29 April: 6:00am CHF UBS Consumption Indicator