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Dave-FX-Hunter
Sep 9, 2019 7:10 AM

Potential drop is unfolding Short

Australian Dollar/Swiss FrancFXCM

Description

GBPCHF is in the strong downtrend, and price retraced to the supply zone and upper band of descending channel. Market dynamic look like its corrective move, not the impulse. Shorting with small position now and will add one more after the break.
Target 1 is POC of the previous accumulation. Target 2 will be bottom of the channels.

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Comments
ifeanyiok
In your note u have GBPCHF or AUDCHF
Dave-FX-Hunter
@ifeanyiok, Yeah its AUDCHF sorry
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