nxtleveltrader
Short

Decision time for GBPCHF

FX:GBPCHF   British Pound/Swiss Franc
18 1 2
Time for this pair to decide which way its going to head next, im forecasting a break out downwards from this structure. Look for sell set up once breakout is confirmed. Same goes for a buy if it breaks to the up side.
Comment: Breaking out to downside.
Looks like we have a break of this structure to the downside. Im going to wait for a consolidation and short a breakout from that, maybe on a 1 hourly chart. Lets see it this gets confirmed even more. If it does it should be a lovely trade down the the previous lows shown.
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