UnknownUnicorn18142411

GBPCHF Daily Analysis

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OANDA:GBPCHF   Libra Esterlina/Franco Suíço
Godal Member's, Traders and Aspiring Traders . Todays shared post is on .

Pair : GBPCHF

Time-Frame : Daily

Biased

Bearish: A breakout out has taken place this week from the identified daily ascending channel. I will now be waiting for the retracement for further downside if price action provides personal entry criteria once price action test the red zone allocated on the chart which represents a new resistant zone.

Not only that , this can also be identified as a clear potential ABC pattern which I personally call I/P/C ( Impulse , pull-back, continuation)
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