GBPCHF - Bearish Engulfing
GBPCHF has formed a bearish engulfing pattern on the daily time frame.
This short setup is confirmed with a strong upper Bollinger Band outbreak, a significant bearish engulfing pattern, and RSI divergence.
SL set above previous highs.
TP set slightly above strong support.
I will close this trade upon the first opposing significant bullish engulfing pattern.
Website: EngulfingPatterns.com/
This short setup is confirmed with a strong upper Bollinger Band outbreak, a significant bearish engulfing pattern, and RSI divergence.
SL set above previous highs.
TP set slightly above strong support.
I will close this trade upon the first opposing significant bullish engulfing pattern.
Website: EngulfingPatterns.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.