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Saad-ElFayed

GBPCHF: THE WEDGE IS BROKEN. PRICES ARE READY TO RETURN BEARISH

Short
British Pound / Swiss Franc (OANDA:GBPCHF)  
Saad-ElFayed  
OANDA:GBPCHF   British Pound / Swiss Franc
Trend Analysis Chart Patterns Wedge Forex GBPCHF GBP chf Trend Line Break
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trendanalysis chartpattern wedgepattern forex gbpchf gbp chf trendlinebreak
The GBPCHF was in a bullish wedge (correction) that was stopped by the resistance zone and the 61.8% fibo. Now the wedge is broken and the pair will return to its main bearish.
Our entry was triggered after a clear bearish close below the 1.20300.

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