GBPCHF
Long Setup
📣 Last week, GBPCHF has broken out of this 180 days flag consolidation, it is currently trending above the Daily 200ema too.
💭This consolidation consists of a complex 3-5-3 pattern, and it marks the end of a potential Wave-B or Wave-2. Possible targets have been marked for Wave-C, if it's forming a Wave-3, target could be higher.
Long Setup
📣 Last week, GBPCHF has broken out of this 180 days flag consolidation, it is currently trending above the Daily 200ema too.
💭This consolidation consists of a complex 3-5-3 pattern, and it marks the end of a potential Wave-B or Wave-2. Possible targets have been marked for Wave-C, if it's forming a Wave-3, target could be higher.
Trade active
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.