A short opportunity is presented in UK100
Rising wedge highlighted in purple & potential C point of a Cypher. I would sell at the $1,400 level and not wait for the trend line break. Hopefully it will work its way down to $1,140
Entry 0.86, SL 0.872, T1 0.83, T2 0.82 alternative entry: 0.85750 This is pure technical, so watch out for UK and US fundamental data today and tomorrow! Trade your own ideas! Make your own analysis! Good luck! SinatraFX twitter.com
Please vote on whether you think the Brexit will happen or not: twitter.com The support as indicated above is extremely important. A break below and it's all over red rover.
Weekly analyis of GBPCHF! Either way it is a short because, if it is wave B we can still catch the move down to complete C. If it is the start of Wave 3, then we are catching the strongest move in the 5 wave sequence. Please follow one of these to support the freebies! www.PipsUniversity.com www.Twitter.com www.Instagram.com