GBP/CHF - Triple RSI setup

18 เม.ย. 2017

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.

18 เม.ย. 2017

บันทึก

Triple RSI confirmed. Drawing trendline

18 เม.ย. 2017

บันทึก

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?