amgiacov

GBP/CHF - Triple RSI setup

Short
amgiacov Updated   
FX:GBPCHF   British Pound / Swiss Franc
Overbought on the 1H and 4H chart with this price action.

Not sure what is driving this higher. This is about to go overbought on the 15M.

I am already short at 1.25798 with failed bear bat pattern. Will add to short once 15M is overbought on RSI(21) with a drawn trendline break.

Trade at your own risk.
Comment:
Triple RSI confirmed. Drawing trendline
Comment:
PM May has called for an early June 8th election. This has driven the price action which has defied the bear patterns. This will likely become a short position that needs patience. My personal belief is that Brexit will harm the GBP. Thoughts?
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