GBPCHF 4H short

1 Ağu 2017

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.

1 Ağu 2017

İşlem aktif

Trendline was crossed down on the 1H chart.
I entered the trade

3 Ağu 2017

İşlem aktif

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.