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Mike_fxnerd

GBPCHF SHORT (sell)

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Mike_fxnerd  
FX:GBPCHF   British Pound / Swiss Franc
Trend Analysis Harmonic Patterns Wave Analysis GBPCHF short SELL
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trendanalysis harmonicpatterns waveanalysis gbpchf short sell
GBPCHF remains in bearish as it heads towards the channel support to complete the ABCD harmonic pattern. Further confirmation of the bearish move is presented with price creating new lows at this point. Safe entries would be to wait for a re-tracement on the lower time frame to find a resistance area that correlates with where the current Monthly broke previous lows.


For more on how we analyze candle stick data to forecast future price, check out this free YouTube content:

youtu.be/7Ai4Fm5VF9s
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