Wave-Trader
Short

GBPCHF Dont miss this fall

FX:GBPCHF   British Pound / Swiss Franc
Hi there as you know we are longer term bearish on GBPCHF . Every time when it comes close to the top we are sell on GBPCHF . We are having very nice fall from the top. If you have seen my last week market outlook then you should be in from top. Dont worry if you are not in from top. Watch for Trend continuation pattern and look for breakout. Currently Trend Continuation pattern is developing it can form couple of more candles before we see next wave to the downside. Give it some time and than watch for the breakout. In case if we dont see bearish continuation and price get back to top then again look for sell. Remember there is no longer term buy setup on GBPCHF . Trade with care and use only that much risk which you can afford to lose. Dont Trade with that money which you cant afford to lose. Every Single trade is not a winning trade so use risk according to that.
Comment: So far it is moving amazingly. Watch breakdown. In case price do not breakdown then watch for top to sell it again. You should not sell at current price because it can change the pattern formation if so you will get trapped over there. if you are following on this pairs since this post then you should be in from top. Here is the update.
Comment:
Comment:

Comments

gbpchf has been responding as predicted, I don't know how you do it. I am looking forward to that downward trend soon. Thanks for sharing your analysis.
Reply
Update please.
Reply


I agree...
Reply
As I told it's not a downtrend it's longtrend
Best regurds
Reply
I sorry to say this not be fall it's going height it's long trend not downtrend
Reply
@nasir2, do you have your chart to prove your comment that it is long trend.
+4 Reply
DonNasir Wave-Trader
@Wave-Trader, proof you already watching in your platform
Best reguerds
Nasir ali
Reply
Im not to sure, id look to short if support & that uptrend line breaks, GBP raised interest rates which I believe strength should be coming back soon... but I will keep this setup in mind !
Reply
Wave-Trader eazywayout
@eazywayout, nice setup
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out