Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/CHF rising inside minor impulse wave 3
2019-11-11 • Updated
- GBP/CHF rising inside minor impulse wave 3
- Next buy target - 1.3800
GBP/CHF has been rising sharply in the last few trading sessions inside the minor impulse wave 3, which belongs to the intermediate impulse wave (C) of the primary ABC correction ② from the start of March. The price earlier broke through the major resistance level 1.3470 – which strengthened the bullish pressure on this currency pair. GBP/CHF is expected to rise toward the next buy target at next resistance level 1.3800 (target for completion of impulse wave (C)).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...