GBPCHF Potential Cypher Pattern okey...Its time for a reversal!
Updated
I think with the RSI down there.. its likely to see a retracement up to the 78.6% of XA and because of the general downtrend i believe it is a first class shorting opportunity!
Note
The Services PMI(Sep) was better than the forecast But it didn't really triggered the price to reach the 78.6% retracement XA I hope it will... :P
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.