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GenesisCTY GenesisCTY GBPCHF, D, Long , 10 months ago
GBPCHF: GBPCHF: Potential Head and Shoulders Pattern?
21 0 1
GBPCHF, D Long
GBPCHF: Potential Head and Shoulders Pattern?

Hey gang! Hope everyone is doing fine on a Sunday! Found a potential Head and Shoulders reversal pattern that could result in a good long trade! Some confluence here points towards this: -Trend line broken and retested a Fib level at 23.6 level. -Fib level 23.6 had a false breakout and a large bullish candle just pushes it right back into a bullish ...

ForceFollower ForceFollower GBPUSD, 60, Short , 2 years ago
GBPUSD: GBPUSD H1: Correction
416 11 11
GBPUSD, 60 Short
GBPUSD H1: Correction

This has been a very nice rally. Market has just found support at the prior high and the median line. However, given the long-term context of a down trend, I expect a further decline - at least a retracement of 23.6%.

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