The GBPCHF is trading near a long term resistance level:

In the short term charts, it is trading in a pretty well defined range, allowing us to trade the short term range, so here is my trading plan:

If the GBPCHF breaks the upper green resistance level, I will be looking for long opportunities

If the GBPCHF breaks the lower green support level, I will be looking only for short opportunities

If the GBPCHF keeps trading in between both green levels, there is the possibility to trade the short term range.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/