Telson

GBPCHF RSI Divergence (Long-Term)

Short
Telson Updated   
FX:GBPCHF   British Pound / Swiss Franc
While monitoring the GBPCHF pair we have noticed a clear RSI divergence.

We will be looking at smaller timescales for additional confirmation of the move prior to placing any orders. Supports/resistances from previous structure are located at 1.25000 and 1.21500 levels

All feedback and comments are highly appreciated.
Trade active
Trade active
Trade closed: target reached:
That one went well :) it worked like clockwork, so I hope you guys made your pips.

I was short from 1.28019 with my profit target hit at 1.21565 :)

See you on the next one.
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.