GBPCHF; waiting for a correction to enter long; Daily

22 Nis 2016

GBPCHF had broke the trendline. its a possible indication that this corrective move to downside is over.
for entering long and confirmation of this analysis we need a correction.
Note the long term divergence.
this analysis is not for a trade setup. this is just one of the scenarios that GBPCHF can develop; we have to wait for more clues and see how the pattern will develop.

22 Nis 2016

Not

weekly perspective

22 Nis 2016

Not

for example this is another possible scenario. we can trade every one of these structures but first we have to wait until we understand which one of them is going to go.

2 May 2016

Not

5 May 2016

Not

9 May 2016

Not

looking for BE trade

11 May 2016

Not

27 May 2016

Not

first zigzag is ending; expecting corrective wave X to downside