08.10.2021
The overall trend is downward. The ascending wave patterns of the levels H2 and M30 are truncated at the moment. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.
GBPCHF rate online: monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the pivot 2 of the wave C (1.2630).
Stop Loss: above the local maximum of the truncated pattern.
Target levels: 1.2574; 1.2505.
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