Sterlina / Franco svizzero
Long
Aggiornato

GBPCHF Long based on Elliot and Gann

356
Entry zone between 1.2575 and 1.25
The entry zone is the 50% Fib extension of AB as well as the end of the corrective wave (C).
144-day Gann cycle causes major turns in trends.
The 2/8th inner harmonic is a natural and powerful pivot and it rests at 1.2505.
Initial target is the combination range of 1.3567 - 1.3637 (61.8% extension of the swing low on Auguest 13th, 2019 to the leg C) as well as the 4.8th inner harmonic at 1.365.
Trade attivo
Daily support appears to be found against the daily Senkou Span B. In addition to this, there is bullish divergence between the RSI and the CI.
istantanea
Trade attivo
Weekly levels are equally supportive.
Weekly Kijun-Sen is in the buy zone.
Depending on how the weekly candlestick closes, we could get confirmed Hidden Bullish Divergence between the RSI and CI.
istantanea

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