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Mar 27, 2023 7:17 PM

GBP-CHF Giant Narrowing Wedge! Sell! Short

British Pound/Japanese YenFXCM

Description


Hello,Traders!
GBP-CHF
is trading in a giant
Narrowing wedge as you can
Clearly see on the chart and
The assumption is that
The pair will keep trading
Inside this wedge until
There is a confirmed breakout
Thus, as the price is headed up
To retest the falling resistance
I believe that after the retest
We are likely to see a pullback
And a move down towards
The rising support but to
Be safe lets say that the
Target is at around
160.530 level area
Sell!
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Comments
Serana2324
cheers!
PippyL0ngSt0ckin
Need to correct your title to GBP-JPY mate, but otherwise a solid technical analysis.
HAMED_AZ
Amazing
AnabelSignals
I think so too!
JoeChampion
Goood job, the image of the classics is strong this week!
ArmanShabanTrading
Cheers pal.
ProSignalsFx
I am flattered!
TraderX-
wrong title
TopTradingSignals
What do you think?
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