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Sunday, February 07, 2021

GBPCHF W2 Feb 2021

GBPCHF W2 Feb 2021

Long Setup

๐Ÿ“ฃ Last week, GBPCHF has broken out of this 180 days flag consolidation, it is currently trending above the Daily 200ema too.

๐Ÿ’ญThis 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.

from Trading Ideas
via gqrds

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