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zorrays

GBPCHF - SHORT - DESCENDING WEDGE - RSI DIVERGENCE

Short
British Pound / Swiss Franc (FX:GBPCHF)  
zorrays Updated   
FX:GBPCHF   British Pound / Swiss Franc
Support and Resistance Fibonacci Wedge GBPCHF gbpchfshort Relative Strength Index (RSI) Forex fx marketstructure
5
0
supportandresistance fibonacci wedgepattern gbpchf gbpchfshort relativestrengthindex forex fx marketstructure
Bias: Short

Technical Strategy:

1, Wedge
2, RSI Divergence
3, Correction of the first bearish impulse of a larger wedge


Target:

1, Base of pattern
2, Monthly support/base of larger wedge
Comment:
Monthly key levels

snapshot
Comment:
Pound Strength

snapshot
Comment:
Swiss Strength

snapshot
Comment:
TP1 ACHIEVED
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