UP 400 PIPS THIS MAY HAVE A SLIGHT PULL BACK THEN DROP MORE
Possible short opportunity coming up, I predict the £ will see more weakness as we run up to the EU referendum. A break of 1.41 will confirm this short position for me. We have already seen a break of the ascending trendline and support break.
head and shoulders and the price break the neck line
GBPCHF IS LOOKING LIKE IT WANTS TO BREAK THIS CORRECTION FROM THE LAST IMPULSE WAVE SO BUYING IT IS A GOOD IDEA.TRADE WITH CARE
Hello Traders, I am expecting a large move up to complete the Wolfe Wave, the ab=cd, and the Geo'. From there I will look to short this pair with an exit at 1.38173. I will be paying attention to the Fib level's identified in this chart. These levels can potentially act as a stomping ground for bears. Best, Chartistry
GBPCHF made an impulse wave up and now it's on corrective phase. We can look to buy this correction and ride it for the next impulse or this correction might extend a little longer before breaking to the upside.
According to CHF strength index this currency is weakening while GBP is going more strength.
in upcoming week , we will be trading on GBPCHF for Long ,,,
The pair is turning up and a breakout is looking very likely ending the current downtrend for the short term, any confirmed breakout from here is a buy opportunity.
-GBP/CHF is nearing the top of a multi-month channel, and could be a good short opportunity. -Beginning to see some bearish divergence on the RSI near overbought territory -Before entering this trade, I am looking for a break of the green trend line and waiting to sell the pullback