GBPCHF reaching upper boundary short trade opportunity
GBPCHF is about to reach the upper boundary in a ascending channel at the same time that a high weekly resistance.
The market is completing an equal correction so it may start falling before. Must pay attention to H4, which keeps uptrend at the moment.
Reasons to sell:
1. High resistance
2. Upper boundary
3. Equal correction
Take profits set above two posible descending channels.
The market is completing an equal correction so it may start falling before. Must pay attention to H4, which keeps uptrend at the moment.
Reasons to sell:
1. High resistance
2. Upper boundary
3. Equal correction
Take profits set above two posible descending channels.
Trade active:
Dragonfly Doji and RSI Overbought H1 show reverse downward
