UnknownUnicorn8360477

Impulse, Retracement, Continuation? | GBPCHF Long

Long
FOREXCOM:GBPCHF   British Pound / Swiss Franc
Hi Traders,

This is a setup for 16.05.21 once spread calms down at market open. It looks like an impulse, retracement to the neckline of the W formation that aligns with the 0.50 fib level and continuation to the 0.27 fib level.

Like and comment below.

Remember to do your own trade analysis and use proper risk management.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.