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Maveric12

Resistance at point of control

Short
British Pound / Swiss Franc (OANDA:GBPCHF)  
Maveric12  
OANDA:GBPCHF   British Pound / Swiss Franc
Trend Analysis Technical Indicators Chart Patterns
3
2
trendanalysis indicator chartpattern
This is a great example of resistance at a point of control on a long term volume profile. The RSI has recently dropped below the 70 mark and I believe we are in for a nice short.
Enter around 1.30568 STP 1.312 maybe a bit more if your risk tolerance is higher Target 1.268

good luck and happy trading.

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