The price has just made a new bearish break in high temporalities, this may indicate that it wants to continue falling... this is why I can project a retreat to the marked levels to continue falling. Remember that it is always better to take 3 entries with adjusted Stop Loss and good risk management compared to 1 single entry and with stop loss giant. (1) Break...
1,36744 GBP/CHF buy > 1,34122 GBP/CHF still buying = 1,34121 GBP/CHF last Stop Lost Price < 1,34120 GBP/CHF neutral (new Analysis) = 1,41099 GBP/CHF 1. Target (this Summer 2016) = 1,46129 GBP/CHF 2. Target (this Summer 2016)
1,36744 GBP/CHF GBP/CHF buy > 1,34122 GBP/CHF GBP/CHF still buying = 1,34121 GBP/CHF GBP/CHF last Stop Lost Price < 1,34120 GBP/CHF GBP/CHF neutral (new Analysis) = 1,41099 GBP/CHF GBP/CHF 1. Target (this Summer 2016) = 1,46129 GBP/CHF GBP/CHF 2. Target (this Summer 2016)
This pair has just broke the trend line at 1.4200, will watch to see if this posts two bearish candle sticks in a row before entering a trade to ensure its not a false breakout. Will trade this down to TP1 if bearish movements proceed into next week.
Monthly and weekly show that prices are below cloud. Lagging Span on the weekly confirmed also the bearish trend. For me it's a SELL SELL SELL
Extremely Overbought.... Sell @ market TP @ 1.5360 SL @ 1.5750
Following with trend, T/P on touch of red center line, possible 60 pips. Good luck.
Sell @ 1.4750 TP 1 @ 1.4650 (First wave) TP 2 @ 1.4570 (medium shock wave)
Using 3 moving averages and plotting support and resistance can tell a lot about the "state" of price. We see our moving averages bullish from early July, peak in the middle of August and since then consolidate. There is an important long-term support/resistance line in the vicinity of 1.4650 which is where price lies now. The moving averages are now bearish,...
Well we have a double bottom, in GBP/CHF. So, i'm expecting price to rise to 1.4980, as we'll also be having U.K second GDP data release tomorrow on Friday... buy @ 1.4785 sl @ 1.4285 tp 1 @ 1.4985 tp 2 @ 1.5175
Just entered this trade on the short side. We saw a nice rally in this throughout this week which i was able to catch successfully. I believe that upside bullish momentum is over and anticipating a correction nearing the inital breakout area Expected Target is around 1.5190
Entered this trade few hrs ago as i wasnt on the computer at the time entries were triggered. CHF pairs a very weak today across the board and the GBPCHF is no exception. Im playing out this bullish momentum with an expected target of around 1.5240
GBP/CHF Long Position Target level 1.5500 / 1.5600
GBP/CHF LONG POSITION Target 1.5500 / 1.5600
Similar to the EUR plays i posted but the opposite in this case. Im expecting the bullish momentum to continue across the GBP pairs and i just entered long on this pair Expected price target is around 1.5230
Again another trade which is line with today's moves. Yesterday was very quiet but volume is finnally kicking in for the week. Analysis and rationale is the same for all the trades today. Expected price target 1.4831