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British Pound / Swiss Franc
Long
Mar 20, 2020
GBP Tanking!
5
Grab this chart
Grab this chart
A reversal in action on the Sterling after breaking 1H 50EMA resistance level and bullish reversal on the Daily.
(Look for long setups)
Wait for a pullback and a confirmation candle and trail stop until 4H bearish momentum reversal.
Repeat until Daily momentum reversal.
Pay attention to the 50EMA on the 4H if it will hold as resistance.
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Candlestick Analysis
Moving Averages
Multiple Time Frame Analysis
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