British Pound / Swiss Franc

Long

GBPCHF - D - LONG - TDI

Updated

A simple setup here, with basically all rules respected and even a golden cross. Only lower TF is not confirmed.
Entry, SL and TP on charts.
GL HF

Note

A small update on my position tonight :

snapshot

On 4H we can see a clear divergence. Usually trader will told you that it's a bearish divergence meaning that pricing is going up but RSI is falling down.
But on my analysis, I believe there is now some room for RSI to rise again.

Note

snapshot

So it went south. Let's see if RSI50 became a strong resistance in the following days/hours.

snapshot

Note

Closing 25%@1.262
SLbe and let it run.

Note

SLbe hit... Too bad because I'm looking forward a rebound in the couple days...

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