GBPCHF - A "double" double top
Hey guys,
this is quite particular as a case study. Here on GBPCHF i've gone down to a lower timeframe because i was looking at the daily chart and i saw a double top with RSI divergence. Thus i went on the 4hr chart and looked for trading opportunities at the retest. Guess what i've found: another double bottom with again, RSI divergence at the second test. At the moment, i'm not sure if and when i will enter because i don't see an actual signal, but i'll update you in that case.
Let me know if you have any comment/question.
Otherwise, we'll see in the next chart!
this is quite particular as a case study. Here on GBPCHF i've gone down to a lower timeframe because i was looking at the daily chart and i saw a double top with RSI divergence. Thus i went on the 4hr chart and looked for trading opportunities at the retest. Guess what i've found: another double bottom with again, RSI divergence at the second test. At the moment, i'm not sure if and when i will enter because i don't see an actual signal, but i'll update you in that case.
Let me know if you have any comment/question.
Otherwise, we'll see in the next chart!
Note
Order placed:Trade active
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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.