GBPCHF Chart Technical Outlook

GBPCHF Chart Technical Outlook broad bias is bearish and traded sideways since mid-July.
Technical indicators and retailers’ sentiment support the bearish direction.
My entry overlaps the daily ATR range and the previous week’s high to complete a flat ABC corrective structure. SL goes beyond the previous week’s high, while TP1 is at the mid-range of that structure and TP2 is at the lower end

We will be happy to hear your thoughts

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