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therisingosprey

Corrective structure on the GBPCHF

Long
Sterlina / Franco svizzero (FX:GBPCHF)  
therisingosprey Aggiornato   
FX:GBPCHF   Sterlina / Franco svizzero
4
0
Wait for the structure to be finished and break out. There might be a buy setup after a short consolidation. Don´t place the targets too high because there is another resistance level on the daily chart. If the structure does not come as expected, do not buy!
Commento:
There might appear a corrective structure after the initial up trend. That would be a setup for a short term buy opportunity.
Commento:
Breakout is done. Waiting for a short flag now.
Commento:
The buy setup is completed now.

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