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TrickleDownFX
Sep 15, 2021 5:43 PM

GBP/CHF long term trendline broken! Weekly chart! Long

British Pound/Swiss FrancFXCM

Description

Hello my beauties.

I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years.

Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this leads us.

If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.

Consider supporting me if you think I am providing you with value.

Peace.

Luca, TrickleDownFX

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