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Dynamic Trader Blog - Forex Chart Pattern Signals

Wednesday, November 04, 2009

GBPCHF breather

Good Evening Dynamic Traders,

Below is the chart for the GBPCHF pair which has been in a recent downtrend. A pullback has been taking place and price has hit a Fib breather level. The last few candles seem a little suspect in terms of indecision with large wicks and smaller bodies which may indicate a change. One to put on the watchlist for entry opportunity.













I won't be posting any new set up's tomorrow given it is NFP/volatility on Friday.


Good Trading!
Bijal Shah

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