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Fxprotrader
Sep 24, 2016 7:29 AM

GBPCHF: Watch For Buys In This High Probability Buy Zone  Long

British Pound/Swiss FrancFXCM

Description

Price is dropping massively and most likely it will soon reach a zone where the 0.886 fib retracement level of previous upmove and the median line of a downsloping pitchfork meet together. In addition we see that RSI is oversold, another reason to think that this sell off may soon end. So when price enter the buy zone watch for a setup to complete in go long.

Comment

Price has reached the buy zone. Watch for a buy setup to complete based on your strategy
Comments
btM_Afta
Thanks :)
Fxprotrader
You are welcome
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