GBPCHF – Bearish Primary 5 – Trend Reversal

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GBPCHF Structure developed a Complex Pattern, hence the reason why I think the Correction since Brexit and Flash-Crash is almost complete.
If correct, then I would expect a 1800 pips drop in GBPCHF in order to complete the entire Cycle.

Since Oct 2016 GBPCHF has been trading in a range, more exactly in a Complex Corrective Structure, a Double Three, which is about to end its shelf-life and pave the way to the next Impulse.

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Wave Count Close-up:
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On your marks..
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Bears coming out of Hibernation:

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4H - GBPCHF - Bearish Primary 5 - Trend Reversal
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Triangle is pointing towards a final rise before the BIG picture:

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Time to SELL:
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Bearish Impulse should commence:
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Structure Reviewed! Ending Diagonal in play.

SL moved to BE, one more bullish push is possible.

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Caution!
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Ending Diagonal in play.
Ideally, it would be OK to have a final Bullish Swing.
If that will not occur, then watching the lower trend-line is key for Bearish outlook.
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If you snoozed, you lost it :)
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Could this be the 3 of 3's ?
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Chart PatternsGBPCHFgbpchfshortWave Analysiswavecount

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