GBPCHF is sitting on important daily,weekly and monthly levels and there is potential for a reversal from here if the structure holds providing a very good RR for a long trade, tomorrow we have the British GDP coming up and that may just bring the key reversal from here. Please trade these kinds of setups if you have the proper strategy. Wish you all a very...
Why wait now? Run the final wave of the ending diagonal all the way upto 1.55, that's almost 800 pips, the risk to reward ratio is paramount, I am already on this trade on the very bottom and adding more now.
ABC pattern is completing. Possible buy opportunity.
Hello everyone, we have a shorting opportunity on this pair. The targets are highlighted on the chart. Happy Holidays and Good Luck For info: kevinsdhaliwal@hotmail.com Twitter: kevindhaliwal1 IG: AllTradingIdeas
Hello everyone, we have a potential pattern for buy. Good place to buy would be after the price breaks out. If the price breaks to the downside, we have bigger targets. Good Luck For info: kevinsdhaliwal@hotmail.com Twitter: kevindhaliwal1 Instagram: AllTradingIdeas
If price action falls into 1.49705 we could see price move upwards. We are going for two targets
Stop loss below the support. Considering the SNB is easing and the GBP is tightening, plus a positive overnight swap offers an attractive buy proposition. Possibly better value than the USDCHF
FX:GBPCHF Completed Crab with RSI Divergence CRAB Point B: 38.2% to 61.8% XA Point C: 38.2% to 88.6% AB Point D: 161% ext XA 224% to 316% ext AB Target: TP1 61.8% CD TP2 127% CD Safe trades
Price is currently at 61,8 of the last wave up fibo expansion. It is also sitting on weekly monster resistance. Sell with the break of the up trend line. If it continues higher look for bearish div to be completed (another MACD histogram peak) + false break of the trend line from the tops
After a sharp rally, bulls failed twice to break above the harmonic resistance created by the bearish Shark pattern. If 1.5054 support is broken, we will expect an increase in selling pressure which will drive price lowers towards green levels. Our suggested stop loss level is also shown on the chart by a red line. Good luck, Ali Sharif Azadeh, CFTe
GBPCHF has been forming an Ending Diagonal Diagonal Pattern which is about to break down. One can go short on the pair at current levels and targets as shown on the chart. Good Risk Reward Trade.. Happy Trading!!
Friends, $GBP vs. $CHG offers a high-probability of a geometric completion following the price pathway speculated in the chart (dashed orange pathway): PREDICTIVE/FORECASTING MODEL: Predictive/Forecasting Model defined the following two qualitative targets: 1 - TG-Hi = 1.54017 - 09 AUG 2015 and 2 - TG-Hix = 1.57575 - 09 AUG 2015 ELLIOTT...
Ok here's a sneak peak out a trade I have on for all of my Syndicate clients. It's a simple trend continuation trade. GBPCHF is back up against daily support and we'll see if we can pop back up into resistance. If you want to join me each morning you can do so here: promos.tradeempowered.com
A bearish butterfly is about to complete in important zone with multiple resistance.