GBPCHF: Sell wave 5

There are 2 reasons to sell:
  • I find a overlap zone which imply that the current wave is not wave 4. So, the bull wave (wave c) may ended.
  • The current down trend form clear pattern of 5 wave structure as on the chart.


I will sell on top of triangle or sell at the break out of this triangle

Thanks
overlapzonewave5

Related publications

Disclaimer