Price is currently sitting on a strong demand zone and I am of the opinion that we might be going for a short term uptrend.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and...
This is a follow-up detail on the GBPCHF that was published on the last weekday of last week's trading session (see link below for reference purposes) where we locked in about 150 pips profit before the close of the trading session.
With a bullish trendline (1H timeframe) being respected since the beginning of the month, I am of the opinion that we might be going...
With a strong demand zone at around 1.21 zone since the beginning of March 2022; we should be expecting a bullish run following the appearance of a reversal pattern within the demand zone.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
On D1 chart, GBPCHF made Bearish Engulf Candle which is giving strong indication of downside. Furthermore on Friday GBP fell badly and I think this journey will continue to next week.
GBPCHF LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPCHF
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
Pivot Point Yearly @ 1.2441
Resistance @ 1.22680
Resistance @ 1.22302
Support @ 1.21212
Support @ 1.20921
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GBPCHF LONG - Buy Entry - H4 Chart
Buying at break of @ 1.22146
Symbol: GBPCHF
Timeframe: H4
Type: BUY
Entry Price: Buying at break of @ 1.22146
Major Resistance Becomes Support @ 1.22146
Major Resistance @ 1.22874
Major Resistance @ 1.23873
Major Support @ 1.21235
In the above chart you can clearly see at what price you need to entre into Trade. Its better if you wait till the RED color TRENDLINE, if you get a chance to enter near the RED color TRENDLINE grab that opportunity and entre into trade.
ENTRY- 1.25000-1.24868
STOPLOSS- 1.23882 (Respect your stoploss)
1st TARGET- 1.27813
2nd TARGET- 1.29983
FX:GBPCHF
Hi TRADERS this is my trade set up for the GBP/CHF
i am expecting a drop from the order block area as plenty of long rejection wicks in this zone, so sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading...
GBPCHF is trading within a descending channel and the pressure seems to be very strong to the downside. Price got rejected at the resistance of the channel and we saw strong decline last week. I will be looking for bearish continuation developments for short possibilities. My target will be the low at 1.21727
Please support this idea with likes if you find this...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, GBPCHF currently just below resistance created a head & shoulder pattern with a bearish engulfing pattern. A sell opportunity arises as per diagram.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
hello Guys,
if price behaves according to my analysis we have a multiple confluences here with the price action, if we have Head & Shoulder pattern, after the completion of H & S pattern and Trend line breakout we will be looking for bearish momentum to take us back down to the mentioned target.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
HEY GUYS;
We’re back in a new trading week!!
Let’s start here with GBPCHF (H4)
Am looking for an opportunity to sell after breakout and retest of double tops’ neckline and breakout and retest of the rising channel.
Wish you a nice trading week
I'm not place entry on the trendline like retail trader, but I trust smart money concept always working.
Looking for confirmation Entry Sell for this pair.
If you have any idea, leave comment below, and Like this post.
Good Luck
