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GBPCHF: The Zone To Watch🇬🇧🇨🇭

Oleh VasilyTrader
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GBPCHF is trading in a strong bearish trend since April 2021.
The market is falling within a parallel channel.

The price is currently approaching a channel's resistance.
With a high probability, the next trend-following move will initiate from there.

Look for a confirmation within the underlined zone to short the market.

Goals will be 1.236 / 1.22

In case of a bullish breakout of the channel, a bullish wave will be anticipated.

Elliott WavefxtradingGBPCHFParallel ChannelpoundpriceactionSupply and Demandswingtradingtrader
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