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TradersChoice_Kieran
Jun 10, 2019 12:06 PM

GBPCHF aiming for major bottom Short

British Pound/Swiss FrancFXCM

Description

After constant testing of support level 1.256 we can see price finally breaking lower whilst still fitting within this downward channel pattern which should lead this pair to the major bottom level 1.24250. If so, this should give one last impulse within the channel pattern before any wave theory reversals can be put intact. Waiting for a retest of this now-resistance to then enter short.
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