This is my idea for GBPCHF, a big long run as i have two confirmations, an ending diagonal that confirms the rejection of the price to keep making lower lows, and the rejection of the price to get again inside the ending diagonal. If you like this idea, or disagree just say it in the comments. Keep learning.
PRICE REVERSED TO A SUPPORT ZONE, MIRROR SIZED MOVEMENTS SINCE APRIL '17, EXPECTED TO BOUNCE FROM SUPPORT TO THE LONG TERM DOWNTREND LINE. SECOND LONG POSITION AWAITS AT THE BIG SUPPORT OF 2017.
PRICE MANAGED TO FOLLOW THE ABC PATTERN CORRECTING THE DOWN MOVEMENT, WAIT FOR THE PRICE IF CLOSE ABOVE THE DAILY 150 SMA TO ADD A SECOND POSITION TO THE MID TERM LONG POSITION
NZDJPY MANAGED TO BREAK ABOVE THE RESISTANCE MARKED WITH A RED LINE, LONG POSITION FROM HERE EXPECTING TO REACH THE PREVIOS SUPPORT MARKED WITH A BLUE LINE. IF PRICE MANAGE TO BREAK THE DAILY DOWN TRENDLINE WE WILL LOOK FURTHER TO THE UPSIDE.
GBPJY WAS IN A RANGE IN 1HR - 4HR CHART, MEANWHILE AT THE END OF THE PAST WEEK GBPJPY MANAGED TO RECOVER THE LAS SUPPORT(PREVIOUS RESISTANCE OF THE RANGE), SO LONG FROM HERE WITH A LITTLE SL, IF PRICE GO FURTHER AND BREAKS THE BULLISH PATTERN I'LL ADD A SECOND POSITION TO THE UPSIDE FOR A POSSIBLE RECOVER OF A BIGGER SUPPORT.