FX:GBPCHF   British Pound/Swiss Franc
73 11 0
Thanks to ForceFollower I can proudly present this.
motleifaul
2 years ago
Frankly speaking, it looks like it will take some time.
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vaicru PRO
2 years ago
short short short
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motleifaul vaicru
2 years ago
Be cautious! Remember this:
Correction done...
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vaicru PRO motleifaul
2 years ago
You are right !! :)
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ForceFollower
2 years ago
Thank you, motleifaul, for giving me the credit for this chart. I appreciate it. :-)
Anyway, I hope it works, as expected. :-) The only concern is that the frank got very strong, but regardless it's also strained and overbought... so it should work, esp. considering the rationale I provided in this thread:
Upward is upward
.
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ForceFollower
2 years ago
I'm sorry, it has failed. I don't understand, why it resolved that way... Probably, the pound's strength was overstrained and it needed to relax somewhat. I've lost here and in GBPCAD.
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sound.shai
2 years ago
I think to buy it now ?
any thoughts ?
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motleifaul sound.shai
2 years ago
You are right, this seems possible from this level.
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motleifaul motleifaul
2 years ago
But I will will wait whether a test o fth e1.4720 will fail before going long again.
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sound.shai
2 years ago
however, correction is possible to 1.47689
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motleifaul sound.shai
2 years ago
You see, it's still lower. I was stopped out as well. I underestimated the magnetism of the medium line of the pitchfork. The mistake is clear now. My wavecount was not only to spekulative but also wrong obviousely. Another accident to learn from.
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