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KB_MarketAnalysis

GBP Tanking!

Long
British Pound / Swiss Franc (OANDA:GBPCHF)  
KB_MarketAnalysis  
OANDA:GBPCHF   British Pound / Swiss Franc
Multiple Time Frame Analysis Candlestick Analysis Moving Averages
5
0
mtfa candlestick movingaverage
A reversal in action on the Sterling after breaking 1H 50EMA resistance level and bullish reversal on the Daily.

(Look for long setups)

Wait for a pullback and a confirmation candle and trail stop until 4H bearish momentum reversal.
Repeat until Daily momentum reversal.

Pay attention to the 50EMA on the 4H if it will hold as resistance.
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