Wedge and head and shoulders, this might be ready to ROCK!
GBPCHF, along with so many other GBP pairs, looks like it might be ready for something big. The head and shoulders pattern on the 4 hour chart has a price projection of 700-800 pip ((laughing all the way to the bank)) and we have a falling wedge (the blue trend lines). There is a lot of bullish patterns in the works here, I'm ready for GBPCHF to starting moving up.
An entry at the break of the falling wedge could start the party, then adding to it at the break of the neckline would be great as well.
I'll update you all as this trade develops and I take an entry.
An entry at the break of the falling wedge could start the party, then adding to it at the break of the neckline would be great as well.
I'll update you all as this trade develops and I take an entry.
Jared Johnson
Union Hedge Funds
Union Hedge Funds
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.