jamshid1994

GBPCHF Potential Sell Trading Plan

Short
FX:GBPCHF   British Pound / Swiss Franc
GPBCHF is Standing on D1 Resistance zone
There are several reasons to short this pair

Reason 1: D1 Resistance Zone
Reason 2: Triple Top ? (If Current D1 candle closes as Bearish "Engulfing"
Reason 3: H1 Ascending channel downside Breakout
Reason 4: Bearish RSI divergence
Reason 5: If Price pulls back to 1.3390-1.3410 and forms Bearish Price action candlestick pattern confirmation this will be 5th reason

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.