GBPCHF: Silence before the next crashGBPCHF: Silence before the next crash
GBPCHF reached 1.1680 and after the price completed a type of ABC pattern we can see
a quick sell-off.
Considering how quickly it moved down the chances are that it was the first impulsive wave
and we can see another wave down.
The price is already in correction and we should see another bearish impulsive movement during the coming days.
It's difficult to anticipate the finish of the correction but so far it looks like it may get ready soon.
Watch for selling opportunities and bearish signals
You may find more details in the chart!
Thank you and Good Luck!
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