21MA & 70MA has posted a sale signal Short GBPCHF @ 12290 Stop 50 Take Profit 100
Short the Chypher patter In line with short term trend 2:1 risk reward
Moving averages posted a sell signal Sell @ 10965 Stop 30 points Take Profit 60 points
21 & 70 MA posted a sell signal Previous resistance on the hourly chart
21 daily MA is flattening. Price at support level. Possible trend reversal
Good risk to reward on this trade. Price rejected going higher than 61.8% retracement of the last leg down.
Price is below the 21MA on the 4 hour RSI is below 50 Potential butterfly pattern in play Short USDJPY at 107.72 Stop at 108.05 Target 105.50