poundswissie

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migtravel migtravel GBPCHF, 30, Long ,
GBPCHF: GBP CHF - wave 3
33 0 7
GBPCHF, 30 Long
GBP CHF - wave 3

wave 3 in wave 3

dillonthomas dillonthomas GBPCHF, D, Short ,
GBPCHF: GBPCHF - Daily - Short
28 0 2
GBPCHF, D Short
GBPCHF - Daily - Short

GBPCHF - Daily Short

selfrighteousgambler selfrighteousgambler GBPCHF, 240, Short ,
GBPCHF: GBPCHF MEDIUM-TERM SHORT SELL. COUNTER-TREND
53 0 2
GBPCHF, 240 Short
GBPCHF MEDIUM-TERM SHORT SELL. COUNTER-TREND

This medium-term trade is good because it happened right at the beginning of the day. This means that there was a real stack of supply at that price that wasn't filled in. Prices moving back in that would give an opportunity to sell the Pound against the Swissie again. The problem with this zone is that it is merely a continuation of the down move beforehand. So ...

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