SIMPLE . POWERFUL . EFFECTIVE

We use Simple, Powerful, Effective Price Action Trading Strategies to trade forex.

GBPCHF Daily Chart (28 Jan, 2016)

GBPCHF Daily Chart (28 Jan, 2016)

Bearish Dark Cloud Cover formed at dynamic resistance (EMA 21). We looking for a chance to short the pair to trade with the direction of the trend. Once the sell is trigger, we would set our target at the latest horizontal support which is around 1.4175.