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Day: May 9, 2019

27 messages
GBP/CHF Target Level: 1.3290

GBP/CHF Target Level: 1.3290

Channel Down identified at 09-May-2019 18:00 UTC. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.3290 within the next day. Supported by RSI below 40 Chart 30 MinutesPattern Channel DownLength 170 CandlesIdentified 09-May-2019 18:00 UTC
Trade of the Day: GBP/CHF

Trade of the Day: GBP/CHF

By: Dima Chernovolov GBP/CHF continues to fall insider the clear hourly Down Channel which was recently identified by Autochartist. Autochartist rates the quality of daily this Down Channel at the 6-bar level – which is the result of the slow Initial Trend (3 bars), above-average Uniformity (6 bars) and significant Clarity (8 bars). GBP/CHF is…