TradingClue

GBPCHF 4H short

Short
TradingClue Mis à jour   
FX:GBPCHF   Livre sterling / Franc suisse
There are multiple indications that the price of GBPCHF might drop:
  • jeddingen divergence (momentum vs price)
  • RSI was overbought and is now falling again
  • MACD crossed the signal line
Profit target: weekly pivot at 1.2576
To be safe, I will set an alert when price is crossing down the trendline and then enter the trade.
Transaction en cours:
Trendline was crossed down on the 1H chart.
I entered the trade
Transaction en cours:
Currently going to the wrong direction, but a second bearish jeddingen divergence showed up on the 4H chart and RSI seems to decrease, so I'll stay in the trade.

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