Expecting a retracement and then a rally.
I am expecting to see a reversal and a retracement on GBPCHF as indicated in blue on the chart above. I will be trading the retracement and will then be looking for a reversal confirmation in order to complete wave 4 to the upside on the weekly time frame.
Happy trading!
Linton White
JP Markets
South Africa
Happy trading!
Linton White
JP Markets
South Africa
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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.