FullTimeTrader
Short

GBPCHF-simple S/R setup

FX:GBPCHF   British Pound / Swiss Franc
833 6 17
This pair is starting a strong long term decline. Right now price closed below the strong level 1.500 and is bouncing from it.
Next targets would be the S/R levels shown on chart.
Best regards.

*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis and plan before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).

i agree with you, but i am in long now. Targeting 0.382 after potential cypher completed sharply and will look for short around retracement at 0.382 , 0.5 or 0.618.
Reply
BLKS BLKS
In H1 chart i am also assuming a potential cypher to be form as well
Reply
S/R levels???
Reply
hi
the MA 50 and 200 is at 1.47 weekly and monthly
Reply
FullTimeTrader ArAlshammary
Yes, 1.47 could be a good area to take some profits and move SL to BE, managing the trade depends on each trader. regards.
Reply
yep fully agree with you as candle is showing big rejection from resistance and a big continuation sign
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out