UPWARD SHIFT IS ABOUT TO HAPPEN, BE READY AT THIS LEVEL FOR A CHANGE OF DIRECTION TO THE UPSIDE
DAY TRADE,SMALL STOP LOSS THOUGH,
DIVERGENCE ON THE 61.8 FIB WITH WEEKLY BEING IN UP CONSOLIDATION & DAILY BEING IN UPTREND,SO A CONTINUATION TRADE TO THE UPSIDE
GBPCHF Is about to change direction from downward trend to upward trend,Earlier H4 & DAILY showed RSI Divergence with huge bearish candle & proceeded upwards, hence where re entering an upward trend at the 61.8 fib with our stop loss at the 88.6 but you can put it at 78.6 fib
Monthly Demand Zone Hit Lat week,Weekly Downtrend,& Daily Downtrend, There was a Small Rally Up but i believe 61.8 fib Retracement Will Hold And A continuation to the Upside Will Continue.So Buy! Buy! Buy!