GBP/CHF Presently in corrective move and expected to move down

20 Eyl 2020

Yo Traders,

GC is presently back in the channel and is in a corrective move towards the upside. On marking the FiB level you can see the 61.8% level is the support level.
I am expecting the price to move up anywhere in between the 50% and 61.8% levels and then break through the corrective structure to move down again.

I will be short once it breaks through the corrective structure.

Thanks
Madtradex

4 Eki 2020

Not

Price moved perfectly upto the support level touching the Fib levels