StevenH
Short

2.168 Trade on GBPCHF

FX:GBPCHF   British Pound/Swiss Franc
here on GBPCHF             we have a 2.168 trade which is just a double top, break of the neckline and then a retracement from the double top to were price begins to rally of .618. Thats the sell zone for this strategy, so here we have all of that plus some other technical indications that make me think its a good trade for me. Like overbought RSI and the long candle wick on the previous candle telling me that the market is respecting the .618 retracement.

good luck trading

Please leave any questions comments or constructive criticism in the comment section and trade smart!!

Related Ideas

Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out