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MarlyForex
May 9, 2016 11:15 AM

GBPCHF -- 2 OUTCOMES  

British Pound/Swiss FrancFXCM

Description

IF WE CANNOT BREAK AND CLOSE ABOVE DAILY/WEEKLY RESISTANCE THEN WE LOOK FOR THE SHORT STOPS ABOVE RESISTANCE

IF WE BREAK & CLOSE ABOVE RESISTANCE WE WOULD BE LONG CONTINUING THE MOST RECENT TREND OF THE RETRACEMENT 0.50/61.8
STOP BELOW RESISTANCE AND TARGETS LAST HIGH FOLLOWED BY A POSSIBILITY OF A FURTHER MOVE UP TO Monthly Resis

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cover short entry
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cover short entry
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