GBPchf Analysis

I want us to analyze this chart together . The Forex Mechanics wants us to give this to you as a bonus. It is possible that the professionals have not taken note of this price action setting up.

If you go through the Monthly and the weekly Time Frame the price has been going up. But if you look at the weekly T.F there is a divergent on the MACD . What does this tell us.? that we should prepare to go South . big time. Now to get a proper entry we will wait patiently for the Trend Line to be broken to the South. If it breaks the T.L and pulls back to it. That  means the movement to the North is finished and we should be getting ready for the journey to the South from next year.

Again we are going to wait to see the next 4 candles. If it bounces of the strong support channel and it eventually breaks the upper channel to the North then the price might go back to the North . But for now we have to wait.

See You At The Next Level.