GBPCHF resuming trend?

Good Evening Dynamic Traders,

Tonight's post is one highlighted to me by a good friend. Below are the weekly and daily charts for the GBPCHF. As you can see price has been in a down trend for some time. The beginning of this year saw price do a pullback to a Fib breather level. Price then did what looks like a double top and has started to retreat back down again only last week breaking through the trendline again. The aggressive traders may have already entered at the breather level to join the trend. The conservatives may require further confirmation and may decide to enter with a combination of breakouts and ESLT.


























Good Trading!
Bijal Shah