Hi guys, today gaps have ruined lots of opportunities for my trading strategies, but here in gbpchf we have a nice double bottom (with RSI divergence) at a previous higher timeframe support.
According to my rules, if the current candle closes engulfing we are going to enter the market with two positions, one with a risk to reward of 1 and another with target set at higher timeframe structure level.
I'll let you know how it develops.
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The last candle was not engulfing, but until we close below 1,2018 we are searching for engulfing candles in order to enter the market.