GBPCHF now at structural lows with the long term ascending trendline and we have created a descending channel with a double bottom. This has probability to come up at least to complete the bear flag type pattern on the daily where we may once again drop, or coudl break out and keep going up to the highs which would be a longer term hold perhaps a couple of weeks or more. Of course, in the market anything can happen and this can still just drop from here but it meets my trading plan for entry.