GBPCHF – Bearish Primary 5 – Trend Reversal
Mis à jour
GBPCHF Structure developed a Complex Pattern, hence the reason why I think the Correction since Brexit and Flash-Crash is almost complete.
If correct, then I would expect a 1800 pips drop in GBPCHF in order to complete the entire Cycle.
Since Oct 2016 GBPCHF has been trading in a range, more exactly in a Complex Corrective Structure, a Double Three, which is about to end its shelf-life and pave the way to the next Impulse.
*Daily and 4H Charts Analysis, Projections, Wave Counts and Entry Levels available for our Members.
If correct, then I would expect a 1800 pips drop in GBPCHF in order to complete the entire Cycle.
Since Oct 2016 GBPCHF has been trading in a range, more exactly in a Complex Corrective Structure, a Double Three, which is about to end its shelf-life and pave the way to the next Impulse.
*Daily and 4H Charts Analysis, Projections, Wave Counts and Entry Levels available for our Members.
Note
Wave Count Close-up:On your marks..
Note
Bears coming out of Hibernation:Note
Note
Triangle is pointing towards a final rise before the BIG picture:Transaction en cours
Time to SELL:Note
Bearish Impulse should commence:Note
Structure Reviewed! Ending Diagonal in play.SL moved to BE, one more bullish push is possible.
Caution!
Note
Ending Diagonal in play.Ideally, it would be OK to have a final Bullish Swing.
If that will not occur, then watching the lower trend-line is key for Bearish outlook.
Transaction en cours
Note
If you snoozed, you lost it :)message me in PM for private Services or Full ideo Course (4.5h)
Note
Could this be the 3 of 3's ?
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.