FX:GBPCHF   British Pound/Swiss Franc
1565 22 110
This is a detailed way of how i look at structure.
It's a sell even if we make another up move .

like and comment ,

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Thanks for the heads up Anil. Question: Will you hang on to your positions if it bounces or exit?
i'll exit ,maybe buy if i get a nice buy setup then sell again
+2 Reply
anilmangal PRO anilmangal
but i won't close the trades i'll move stops
+2 Reply
Marvin anilmangal
Ok. Is it possible to briefly say how u manage your stops or is it too complicated here? Thx.
+1 Reply
that will take 6 weeks of training, and Free lifetime support.
+2 Reply
Marvin anilmangal
Haha. Ok I sort of expted you to say that. I'll think about it. All the best.
Nicely Done Anil... Happened as planned... You're the man!
+1 Reply
Thank you ,it's all about reading the structure !!
+6 Reply
TradeMY anilmangal
Saw all the flags in every analysis you've done... Liking your strategies of reading the structures... :)
+1 Reply
Agree, its a clear sell from here or higher. Price retraced almost exactly to the 0.61 fib. Regards.
+2 Reply
anilmangal PRO FullTimeTrader
yes it did !
+3 Reply
TradeMY anilmangal
And yeah... just by reviewing your ideas, my trades becoming profitable...
Time to look into your training courses and 24/7 trading room.. :)
+1 Reply
I think it will again bounce from close to 1.4920
Thank God I found you Anil.I appreciate your recorded webinars because I live in a difficult time zone in the Pacific.How about the risk reward in the above trade?
+1 Reply
Hi Anil. would you say EURGBP is also a good long considering the negative correlation and potential bullish flag?!
Its just a matter of time
+1 Reply
anilmangal PRO Ozayevable
yes this will go up, but it's still in consolidation
+3 Reply
i sold early monday last week and got chopped when it moved up 300 pips from 1.47. i was lucky to catch 50 pips on the way down from 1.5070 but to my surprise it fell 60 pips more in last 3 hrs which was a bit surprising. you see any pullback's in this pair for me to sell or it is too risky to sell at friday's close??
Very good!! I missed the breakout on friday..., waiting to see what PA does at the 1.49 level now...
hello Anil, do you have any updates on this pair?
Hi Anil, any updates on this pair?
We are caught in this Fib-based channel for now, great opportunities in the past days trading on breakouts (your style I think!). Great setup unfolded yesterday/today also!

Would be nice to get your current view on this pair!

My previous and current idea's >>>
GBP/CHF: Fib bounce with great Reward/Risk ratio!

GBP/CHF: Back short on completion of the shark(s)!!
Hi Anil..,

I think it is still in some nasty looking Wave iv of C.., I guess there is still a chance for a final(minor) push up for completing Wave C.

your thoughts on it please.
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