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jamshid1994
Mar 22, 2018 3:26 PM

GBPCHF Potential Sell Trading Plan Short

British Pound/Swiss FrancFXCM

Description

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
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