Sterlina / Franco svizzero
Short
Aggiornato

GBP/CHF - Triple RSI setup

70
Overbought on the 1H and 4H chart with this price action.

Not sure what is driving this higher. This is about to go overbought on the 15M.

I am already short at 1.25798 with failed bear bat pattern. Will add to short once 15M is overbought on RSI(21) with a drawn trendline break.

Trade at your own risk.
Nota
Triple RSI confirmed. Drawing trendline
Nota
PM May has called for an early June 8th election. This has driven the price action which has defied the bear patterns. This will likely become a short position that needs patience. My personal belief is that Brexit will harm the GBP. Thoughts?

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