GBPCHF - Bearish Divergent Bar setup
Early in European session GBPCHF on 4 hours chart has formed a Bearish Divergent Bar.
If there are still opened long positions - should be closed. Last bar has closed below the pink line which is enough reason to exit.
Those entered market on the short side are already on a safe territory. Bearish Divergent bar has shown significant angle and acceleration is slowing. Current session turned momentum also down.
So be prepared to take the next signal.
No comments:
Post a Comment