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BKTradingAcademy
Oct 16, 2023 2:24 AM

GBPCHF I Correction and more potential downside Short

British Pound/Swiss FrancFXCM

Description

Hello,Traders!
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GBPCHF fulfilled our previous idea and broke out of the
descending triangle to the downside. It has now formed a support
at 1.0917 which was a previous pivot support in October 2022. In
the short term, we expect a correction to the previous structure broken
and more potential downside from 1.1040 - 73. Short!
Trade safe and good luck!

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Comments
LegionQ8
I love this method, thank you for great GBPCHF idea !
WalterMoon
Very nice analysis, good job done!
Lingrid
Great decision-making! Your trade idea is top-notch.
BKTradingAcademy
@Lingrid, Much appreciated!
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