The GBPCHF seems to be making a daily flat. It is now in the C wave of the B wave on the 240 and looks like one more up side is still possible . On the 60 min it's in a corrective structure so I am expecting on more impulse to the up side On the 30 mins it is making a lower degree correction (bear flag) which should break to downside to the 618 fib.
Thanks for the likes and comments . I will open my 2 daily webinars to all for FREE next week ,please PM me here for more info or add me to skype :mangal457 .
Comments
anilmangal
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Hope i got it right this time .
MarkLangley
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Anil your anaylsis some of the best out there ...but price action and annoucements can upset the balance sometimes ..continue great work ...and looking forward your webinars next week i hope loads of people register they will benefit tremendously from your input
anilmangal
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Thank you Mark ,you know my views on NEWS EVENT ! It all about the power of wave structure ,I am + 47 now ,moving stops to BE and waiting for it to hit target. Wish many more traders would realize the market MOVES IN WAVES!