Bizdrone

GBP/CHF – Bearish Trend – Cycle Wave V

GBP/CHF

GBP/CHF has been trading within the Cycle V (black), with its last Bearish Swing approaching. Within Cycle V (black), Primary 3 (red) has bottomed in Oct 2016 and since then GBP/CHF has been trading in a Corrective Structure for Primary 4 (red). Primary 4 (red) unfolded as a Simple Flat Strucure its Intermediate ABC (orange)

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