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Madtradex

GBP/CHF Presently in corrective move and expected to move down

Short
British Pound / Swiss Franc (FX:GBPCHF)  
Madtradex Updated   
FX:GBPCHF   British Pound / Swiss Franc
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Yo Traders,

GC is presently back in the channel and is in a corrective move towards the upside. On marking the FiB level you can see the 61.8% level is the support level.
I am expecting the price to move up anywhere in between the 50% and 61.8% levels and then break through the corrective structure to move down again.

I will be short once it breaks through the corrective structure.

Thanks
Madtradex
Comment:
Price moved perfectly upto the support level touching the Fib levels
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