GBPCHF Get Ready for the next bullish move up

12 Eki 2020

Hi traders:

GBPCHF is looking very clean for further upside moves.

Price had the double bottoms rejections on the HTF, and had the impulsive move up.

We then see price has been correcting itself in this overall parallel structure, good indication for building up momentum for bullish continuations.

Latest price action we see a recent double bottoms, price impulse up from the LTF., and forming this continuation correction.

I would wait and see if price can break out of this current correction, then look for smaller LTF structures to get in the buy.

Thank you

12 Eki 2020

Not

15 Eki 2020

Not

Still waiting for more price development on the LTF.