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jojofang0901

GBPCHF Look for bullish continuation structures for the buy

Long
Sterlina / Franco svizzero (OANDA:GBPCHF)  
jojofang0901 Aggiornato   
OANDA:GBPCHF   Sterlina / Franco svizzero
Wedge Flag Pennant Parallel Channel structure priceaction patterns
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wedgepattern flagpattern pennant parallelchannel structure priceaction patterns
Hi everyone:

GBPCHF is on my watch for the midterm to long term buy.

Price on the higher time frame has a fallen wedge structure, correcting itself down to the recent lows.

Last bit of price action has an inverse Head and Shoulder pattern, adding extra positive confluence to a bullish reversal move.

I like to wait a confirmation breakout from the lower time frame, indicating a confirm bullish move, and look for continuation correction for the buy setups.

Thank you


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