, along with so many other GBP pairs, looks like it might be ready for something big. The head and shoulders
pattern on the 4 hour chart has a price projection of 700-800 pip ((laughing all the way to the bank)) and we have a falling wedge
(the blue trend lines
). There is a lot of bullish
patterns in the works here, I'm ready for GBPCHF
to starting moving up.
An entry at the break of the falling wedge
could start the party, then adding to it at the break of the neckline would be great as well.
I'll update you all as this trade develops and I take an entry.