InsideMarket

GBPCHF - Impulse on hourly chart & Fibonacci projections.

FX:GBPCHF   British Pound/Swiss Franc
18 days ago
Fibonacci retracement & extension to measure price-action. The interaction between actionary and reactionary waves can be understood with the Fibonacci tools.

Market conditions can be similar in some aspects; however, they are always different comparing to the past. To rely on fibonacci tool for trading it is necessary to have a reason to use it. In other words, you use it not trying to replicate previous scenarios, but to measure what is going on in present.

Happy trading!
17 days ago
Comment: Wave structure is revealing:
snapshot
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