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Mushroomsandfibs
Jan 20, 2019 10:52 PM

GBP/CHF Long Opportunity Long

British Pound/Swiss FrancFXCM

Description

Still awaiting a fall downwards then hitting resistance at either of the two points waiting for a couple more candle closures to confirm... Currently looking for the dip to the 1.270 region to enter a long position over the next couple of days. Follow and listen out for more updates!

Comment

Hourly candle has just shown the almighty bearish hammer, still waiting to see if the 4hr candle shows the same signal.

Comment

The candles have been following the original trend line with bullish momentum which I am happy to see. The drop did not occur but i would still not rule it out during this bullish trend.

Comment

trend line still bullish and followed the first trendline showing little resistance to the downside.
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