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Rowca528

short potential in weak trend after deep pull back

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Rowca528  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Technical Indicators shortsetup GBPCHF priceaction
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trendanalysis indicator shortsetup gbpchf priceaction
Condition
- EMA 50 Below EMA 200 at H4
- EMA 50 was cross EMA200 at H4
- Deep pullback after breakout 3 suport area,
- rejection at EMA 200 (weak trend)
- if price rejection at EMA 200, then next red candle bearish close below previous candle (rejection candle) see TF H1


R:R = 1:1

Entry : 1.26825
Stop : 1.27714
Take Profit : 1.25936
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