24.09.2021
GBPCHF
The 135 EMA crossed the 365 EMA from top to bottom. Probably, a descending wave pattern of the H8 level is being formed. Awesome Oscillator shows a bearish divergence, and 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 inclined channel of the ascending pattern.
Stop Loss for the local maximum of the ascending pattern.
Target levels: 1.2580; 1.2480.
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