British Pound / Swiss Franc
Short
Updated

$GBPCHF | Target @ 1.38173 | Wolfe Wave & Geo

408
Hello Traders,

I am expecting a large move up to complete the Wolfe Wave, the ab=cd, and the Geo'. From there I will look to short this pair with an exit at 1.38173.

I will be paying attention to the Fib level's identified in this chart. These levels can potentially act as a stomping ground for bears.

Best,
Chartistry
Note
Update: Internal geometry may invalidate the current geometry.

snapshot

This will cause me to reevaluate the current geometry and redefine point 1 and 4 if that is possible after the internal geometry completes.

Stay tuned.
Note
snapshot

abcd pattern and Wolfe Wave complete. Geo's Off-Set rule and 1-4 line remain high probability targets.
Note
snapshot

1-4 Line target hit.

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