GBPCHF has formed a bearish engulfing on the weekly and daily time frames after an over-extended move up. A very strong Bollinger Band outbreak confirms this setup. RSI divergence on the H4 time frame. SL set above engulfing candle body high. TP set above previous support. I have entered short at the open of the market on 10/2/2017.
Comment:
H4 POV:
