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jojofang0901

GBPCHF Looking for the sell potential from the top

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Libra Esterlina/Franco Suíço (OANDA:GBPCHF)  
jojofang0901 Atualizado   
OANDA:GBPCHF   Libra Esterlina/Franco Suíço
Parallel Channel Flag Pennant priceaction structure
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parallelchannel flagpattern pennant priceaction structure

Hi everyone:

GBPCHF is showing nice price action structure development for downside.

We see price is is in this higher time frame correctional structure, resulted from the previous sell impulse.

The latest price action pushes the price up in this ascending channel structure towards the top of the larger channel.

A confirmed break out, and lower time frame continuation corrections would be ideal for the sell down.

Thank you
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