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GBPCHF - Bearish Engulfing

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Paun British / Franc Swiss (FX:GBPCHF)  
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FX:GBPCHF   Paun British / Franc Swiss
Support and Resistance Candlestick Analysis Multiple Time Frame Analysis GBP chf GBPCHF short Engulfing Candle support Daily Charts Weekly Charts
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supportandresistance candlestick mtfa gbp chf gbpchf short engulfingcandle support daily weekly
GBPCHF has formed a bearish engulfing on the weekly and daily time frames after an over-extended move up. A very strong Bollinger Band outbreak confirms this setup. RSI divergence on the H4 time frame. SL set above engulfing candle body high. TP set above previous support. I have entered short at the open of the market on 10/2/2017.
Komen:
H4 POV:
snapshot

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