Hi Guys, GBPCHF has completed a running flat so we will watch for continuations to the downside. Watch and wait for lower time frame flag to confirm the sell.
Thank you for your support.
As we see in the chart, the price structure of bottoming in January is strikingly similar to that in December 2018. After the sharp rise on February 9, ETH has gone through a healthy consolidation. The bull was able to hold price above 115 and maintain a robust volume, which bodes well for ETH in the coming days of February .
We went through some XXX/BTC crosses and saw interesting pattern on BITTREX:VTRBTC (vTorrent). Well, since we saw a potential bottom on cryptocurrencies, there's some new opportunities on ALTcoins and one of them is vTorrent, which has clear five waves up into black wave A and three-wave correction into black wave B. Currently you can see it's already bounced...
There is a potential Bullish Bat pattern currently forming on the AUDUSD pair. what i particularly like about this pattern is that it completes just around a structure level that has rejected price several times in the past.
EURGBP price action has hit its highest level since 2013 and now is going through a significant retracement. Would be looking for a retracement ideally to the 886 level where price action has found support previously. But also watching for any reasons for entry at the 786 level.
