HiTech
Short

GBPCHF DOWN WHILE CONSOLIDATING

FX:GBPCHF   British Pound/Swiss Franc
291 17 5
10 months ago
Price rejecting the resistance that could result in another wave down to retest S4 suport
10 months ago
Trade active: Stop at break even
GoodLuckbabe
10 months ago
very nice setup HI TECH also waiting for the break short term trend line to go short
+1 Reply
HiTech PRO GoodLuckbabe
10 months ago
Thank you, so far all going according to the plan
Reply
GoodLuckbabe
10 months ago
snapshot
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nl88 PRO
10 months ago
Will it break out of the resistance ?
Reply
GoodLuckbabe nl88
10 months ago
it does not look like that
Reply
HiTech PRO nl88
10 months ago
you can trade the breakout if you think its gonna go up, but as resistance holding there is no point buying
+1 Reply
nl88 PRO HiTech
10 months ago
love your support & resistance technique. simple & effective !
Reply
Piet.Hein
10 months ago
Very nice setup, unfortunately its messing around with us haha but the spot was great to short, nice analysis!
Reply
GoodLuckbabe Piet.Hein
10 months ago
yes spot was great but this is trading nobody 100% accurate mate thats why i was waiting for the break down of that short trend line this setup is still in play because price did not hit the stop lose
Reply
Piet.Hein GoodLuckbabe
10 months ago
yes you are right :) Good luck
Reply
Piet.Hein GoodLuckbabe
10 months ago
here is my view:

GBPCHF Analysis
Reply
HiTech PRO
10 months ago
seems it will be going down
Reply
GoodLuckbabe HiTech
10 months ago
yes and it will go major structure broken which i was looking let see
Reply
GoodLuckbabe GoodLuckbabe
10 months ago
snapshot
Reply
GoodLuckbabe HiTech
9 months ago
that was a very nice trade it looks like it will make lower low and can break last low
Reply
HiTech PRO GoodLuckbabe
9 months ago
thanks, yes it was eventually, not sure about lower at the moment
Reply
GoodLuckbabe HiTech
9 months ago
it looks to me it has broken previous low and making new lower lows
Reply
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