Analytics GBPCHF pair based on the circular level, price channels and altered wave analysis.
3/12/2019 forecast trading recommendations GBPCHF
At week timeframe, GBPCHF pair faced downward with the upper limit and the historic price channel 1.2942 mirror level.
On TF H4 indicator Awesome Oscillator formed Medvezhye divergence and Stochastic Oscillator indicator indicated a yield of perekuplennosti zone. The lower boundary of the rising price channel broken. Breaking through the mirror 1.2818 level, will the formation of the descending pattern 123.
GBPCHF Trading recommendations:
Sell the pair below 1.2818 GBPCHF STRICTLY.
Stop Loss - 1.2942.
Target levels - 1.2700; 1.2500
Analytics Grand Capital
Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.