I see this bearish outside bar forming on the GBP/CHF daily, we are bearish on the weekly and strong bearish divergence on the 4hr. A double top; it hasn't quite touched the 365 ema. I believe if price could break below the 150 ema we could have an entry, maybe some resistence at 1.4500, so that would be the FTA and second FTA being some strong resistance just below. My only question would be, is there enough space for this trade??? I would watch it closely and get to breakeven asap. Maybe some of the experts on this forum could shed some light on this potential trade.
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