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RealFXBeast

GBP CHF Short Opportunity

Short
British Pound / Swiss Franc (FX:GBPCHF)  
RealFXBeast  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Technical Indicators short GBPCHF swingtrading highertimeframes
2
0
trendanalysis indicator short gbpchf swingtrading highertimeframes
Reasons for entry:

1) Monthly bearish engulfing candle
2) Multiple reactions on the outside of 7 months uptrend line
3) Daily bearish candlestick formation
4) Past daily resistance
5) Multiple rejections around the daily resistance and gathering of liquidity
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