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GBPCHF: The Zone To Watch🇬🇧🇹🇭

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Brittiska pund/Schweiziska franc (OANDA:GBPCHF)  
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OANDA:GBPCHF   Brittiska pund/Schweiziska franc
Supply and Demand Parallel Channel Elliott Wave GBPCHF pound priceaction swingtrading trader fxtrading
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supplyanddemand parallelchannel elliottwaves gbpchf pound priceaction swingtrading trader fxtrading
snapshot

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.

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