GBPCHF Look for bullish continuation structures for the buy

30 Haz 2020

Hi everyone:

GBPCHF is on my watch for the midterm to long term buy.

Price on the higher time frame has a fallen wedge structure, correcting itself down to the recent lows.

Last bit of price action has an inverse Head and Shoulder pattern, adding extra positive confluence to a bullish reversal move.

I like to wait a confirmation breakout from the lower time frame, indicating a confirm bullish move, and look for continuation correction for the buy setups.

Thank you

30 Haz 2020

Not

2 Tem 2020

Not