GBPCHF: Potential ABCD SHORT

2020-01-19 09:05:57

Since hitting the high in mid Dec 19, price made a strong push downwards and consolidate during the last week of 2019 and first week of 2020. Price have since made a decision break of a strong support stretching 2 months. Drop down to H4, and we can see a potential ABCD pattern in the making with point D in the support turn resistance area. Will be looking to go SHORT at the highlighted area.

#Telegram https://t.me/OFPA_FX

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.