GBP/CHF long term trendline broken! Weekly chart!
Hello my beauties.
I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years.
Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this leads us.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years.
Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this leads us.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
