Mushroomsandfibs

GBP/CHF Long Opportunity

Long
FX:GBPCHF   British Pound / Swiss Franc
Still awaiting a fall downwards then hitting resistance at either of the two points waiting for a couple more candle closures to confirm... Currently looking for the dip to the 1.270 region to enter a long position over the next couple of days. Follow and listen out for more updates!
Comment: Hourly candle has just shown the almighty bearish hammer, still waiting to see if the 4hr candle shows the same signal.
Comment: The candles have been following the original trend line with bullish momentum which I am happy to see. The drop did not occur but i would still not rule it out during this bullish trend.
Comment: trend line still bullish and followed the first trendline showing little resistance to the downside.

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