GBP/CHF Downward we go?

Last 2 weeks on the weekly chart show price has not been able to close above the high from the week of June 11th, shooting star candles, and the daily with rejection and railroad tracks. Does anyone else see a possible retracement to the 2.4024 level or a longer term projection downward.

Appreciate the input.

Anything is possible. I am no expert (been trading full time since November '05) but from my analysis GBP/CHF is in the early stages of a long term bull run. 2.34 or 2.35 are still possible on the downside, but I wouldn't be surprised if we pull back to the 2.4250 - 2.4350 area before continuing up. I'm only looking for longs until the monthly and weekly chart both confirm otherwise. Right now it's looking like long term potential on the upside.
Good luck with your trading.

No major pull back yet

Double Top

My opinion is suspect, just i´m a humble pupil, but by Philip Neil system I see a downtrend. On H4 graphic is bellow 89 sma and to complete Stochastic down, on H4 and Daily, and ADX with a sell pressure. However and as Philip says can go up near 21 ema, and if we look to stochastic on 1 h graphic we see an oversold area.