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URIFX

GBPCHF: Sell wave 5

Short
British Pound / Swiss Franc (FX:GBPCHF)  
URIFX  
FX:GBPCHF   British Pound / Swiss Franc
overlapzone wave5
2
0
overlapzone wave5
There are 2 reasons to sell:
  • I find a overlap zone which imply that the current wave is not wave 4. So, the bull wave (wave c) may ended.
  • The current down trend form clear pattern of 5 wave structure as on the chart.

I will sell on top of triangle or sell at the break out of this triangle

Thanks

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