RlcTrading

Gbp/Chf (Down Trend Will Continue)

Short
OANDA:GBPCHF   Livre sterling / Franc suisse
Last night here in the states I caught a 200 pip sell trade on this. At 5am... price started to pullback! Now... the pullback is nearly complete.
So yesterday a 200 pip drop! Then During New York a 100 + pip pullback! So now im expecting another big move down!!!!!

You can clearly see the downtrend here and you can see the pullback! The green heiken ashi candles are showing sell pressure as price has moved up back into a resistance area!!!!

So a new low is what im expecting!!

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