Welcome to GODAL TRADING .
Todays post is a rare going forward of a entry post on GBP/CHF with an outlook of a short/sell.
This trade was based on several rejections of a major resistant level and a sequence of lower lows forming .
Once the most recent lower low was created a waited for a pull back to the recent support that was broken making it a resistant level . I then waited for my personal entry criteria for the expectation of a new lower low forming.
Todays post is a rare going forward of a entry post on GBP/CHF with an outlook of a short/sell.
This trade was based on several rejections of a major resistant level and a sequence of lower lows forming .
Once the most recent lower low was created a waited for a pull back to the recent support that was broken making it a resistant level . I then waited for my personal entry criteria for the expectation of a new lower low forming.