swissmoneymakers

GBPCHF - Trend Direction Move

Long
FX:GBPCHF   Livre sterling / Franc suisse
Hi Traders!
The market started on 15th Auguste with a trending move of 600 pips.
After that the market made a resistance move of about 300 pips.
Then it made another trending move with 700 pips.
Now it is in a flag pattern since alomost a month.
The volatility decreases and thats a good sign for another trending move.
We recommend to buy now for the later breakout with a save SL and good risk-to-reward.

Thanks and good luck :)!

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