GBP/CHF - Fall to 1.25100

06/12/2016

Sell @ 1.2739 / SL; Above 1hr 50 EMA & Pivot

- Rejection of 1.28800 resistance
- RSI stating oversold
- High test on Daily
- H&S on 4hr & 1hr
- Trading with overall trend

Target at 1.25100 level which coincides with 0.382 FIB

Update - 07/12/2016

- 1hr PA broken below 200 EMA
- 4hr PA broken below 50 EMA
- Broken upwards trend-line which PA acted as support since 14/11/16