SHORT GBPCHF Continues Downward to Test 1.272 Extension AB=CD

10 May 2019

GBPCHF is continuing to fall as predicted in my previous idea:

After reversing off of the .5 fib retracement, I expect the pair to continue downward to the 1.272 extension of the most recent bearish impulse leg.

We also have a potential ABCD Pattern forming, with the D point converging with the 1.414 extension of the recent bearish impulse leg.

Trade:
Sell at market
Stop above .5 retracement
Take Profit at 1.272 Extension

13 May 2019

İşlem kapandı: hedefe ulaştı