Hello traders!
‼️ This is my perspective on GBPCHF .
I see here price to take out buy stop liquidity above equal highs and then to reject from bearish orderblock + institutional mid figure 1.14500.
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Slowly building up for a breakout to the upside.
If this continues, we should see the bearish candles get smaller, the sequence of higher lows continue and the 20EMA start to hold price above it.
Patience is required.
Always use sound money and risk management and stay patient in all your trades.
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- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1700. Also, according to the GBPCHF...
This pair went up. Then its started ranging.
One weird behaviour of this pair. A distinct behaviour is that it takes time to move. but when it does its all flames.
We must fille the wick above.
We have been bullish all week.
We hit a supply zone and reverted down.
Now there are wicks to be filled up.
Bearish wicks tend to be filled than bullish ones
The one above is bearish hence it will be filled
$GBPCHF - A break to either direction!
We had a pull back finally in the market, AUDCHF came down and various other markets such as ES, GBP etc. Now I'm going through minor FX pairs this is a break either direction. We are within channel, added alerts in to either direction of break.
If we were to go above and carry on within channel expect 200 EMA target...
Hello traders!
‼️ This is my analysis of GBPCHF .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
- VIX is slightly UP, so CHF has become somewhat STRONG with the SNB RATE HIKE. Due to this STOCKS and XXXCHF CURRENCY were slightly SELL. GBPCHF was also SELL because of that. Currently there is a RISK OFF BIAS. Therefore, GBPCHF may sell slightly in the future.
- Currently GBPCHF LONG TERM can move up to the LEVEL 1.1660. Also, according to the GBPCHF...
we see a downtrend on the hourly frame.
so we can see a good oppurtunity by waiting until the price comes to the support drawn on the chart and make a buying position with a stoploss.
We must take care of the take profit and the stoploss shown in the graph
The GBPCHF pair surrendered to the stability of the additional support at 1.1110, to force it to postpone the negative attack and start forming correctional bullish waves and settle near 1.1210, also, stochastic rally above 50 level confirms the beginning of gathering the additional positive momentum, allowing us to suggest targeting 1.1290 followed by reaching...
Did you catch 50pips here!
Keep Growing, can you hold? lets see this week..
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lets gooo!!! Be patience guys!
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