Hi Guys,.. As you can see tying to make a bullish flag and should have a big move to up!
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A flash back on one of my favorite trade. Overview of the next trend determination. Self explanatory imaging. Original set up
I HAVE THIS IDEA FOR GBPCHF TO WAIT UNTIL IT GO AROUND 0.5 FIB ZONE AND THEN OPEN A BUY ORDER WITH TP@1.26800 AND SL @1.23000 1:2 RISK RATION AND 240 PIPS IN GAME TRADE WITH CARE GUYS !
Note: Overall, we are bullish on GBP/CHF pair. There is strong pin-bar appeared above the support zone, a good signal that it might go bullish. There are 2 trading plans for this pair: 1. Wait for another bullish signal to long. Or wait for 2nd bullish signal to long it. 2. If the price breaks the support zone. Wait for pullback to the support zone and short!
This is only a trading capability - no recommendation !!! Next wkk i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Buying after a successful break out and retest. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as...
What we have here is basically : 1) Price is at strong Weekly & Monthly support. 2) Double bottom. 3) Broken trend line. Shorting at current market...
The GBP/CHF is held above the 1.25 level, finding support at 1.2885. In the 4H chart, it looks like a head and shoulders pattern is developing. The neckline near 1.32. watching for bullish signal confirmed by trading above 1.32.
we have a channel in daily which we have reached the bottom and we also have a trend line which also has been violated. expecting upward movement at least till 1.4000 but I will keep my position open till price action says otherwise. Will update the idea whenever deemed necessary.
GBPCHF Buy Idea After this pair did a triple cycle down on the lager TF we are looking for the cycle reversal level. The top TL is broken and we see a bullish convergence. We now need to see a double wave retrace in order to buy. We have a bullish divergence to support our idea. SL last low + 2 pips + spread TP1 1.3923