joshuasiloam

POTENTIAL BEARISH RALLY ON GBPCHF, H4

Corto
FX:GBPCHF   Libra esterlina/Franco suizo
In my last post, i anticipated price going bearish but went bullish to retest the same resistance and couldn't break through again eventually.
Immediately after A BEARISH ENGULFING CANDLE was formed and now eventually tested the trend line ...

There is another opportunity forming to go short.

Sell limit is advisable just after the price breaks the 1.17622 to target TP1
MACD is bending towards a bearish rally for a while.

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