Am entering in on the retest after the BREAKOUT occurs for an average 3.03R. Targets on chart. Like and Subscribe.
First of all please like this post, follow if you want it, but if you don’t idgaf. as you can see chart make a nice bullish Channel pattern, it will be a long trade but we still need a confirmation candle like long big candle.
may be a good idea to sell gbp chf by long time .............................................
GBPCHF has formed has head n shoulder pattern (Not perfect as a book). Currently, it is holding the important zone as support and a break below will meet its downside target as marked by an arrow. However, bulls can pull off from here by showing strength in the current price and taking the price one step higher. Trade your levels accordingly.
Hello traders! ⁉️This is my analysis on GBPCHF. Here I expect the continuation of the retracement aftert the price broke the structure. I am looking for a long if the price fills the imbalance and rejects from bullish orderblock. Like, comment and subscribe to be in touch with my content!
#GBPCHF Market is broken out of the channel. And retested the breakout. At the same time we have found a triple bottom on the support level. SO i has reconfirm our bullish reversal.
Closing above 100 moving average so we can target next 200 moving average
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1683). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
#gbpchf, 30th June inside bar range confined within the previous bar range. price building energy for accumulation. 1.1585-80 demand zone for long. long if price test the demand zone, trend is still in weekly chart. take profit 1.1750. stop loss 1.1510
Did a GBPCHF buy and made a profit of $1.68. Great analysis to meet the T/P goal. For FMI studies.
GBP/CHF was traded side ways in a form of a consolidation for many months before the price escapes from under the consolidation zone , and if you did read my educational post about consolidations you understand that for the price to break under the consolidation zone means for it to enter a bearish phase , and that's what happened exactly , the price fell all the...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1628). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Waiting for longs after break and retest..... Targets on chart. Observe good risk management guys, and let's go....... Pls Like and Subscribe and Comment some encouragement to support me, Thanks.
Hi fellow traders, GBPCHF has reached the blue box area as is completing a WXYXZ correction. After this complex correction we can assume that the correction is over and look for upside. Target de previous top and hold it for longer term. Goodluck!
X2 Position 1. Buy: GBP / CHF SL @ 1.15900 TP1 @ 1.17320 TP2 @ 1.18800 Max Risk: 2% 2. Buy: GBP / CHF Buy limit. 1.15720 SL @ 1.15200 TP1 @ 1.17300 TP2 @ 1.18800 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment...
Hello traders, Hope you had an amazing weekend ! GBPCHF is currently at a very strong monthly level. This level has been respected several times in the past and it would be very difficult to break through it given that there are many underlying buy orders waiting to be filled ! Currently price saw its first valid rejection from major area of demand,...
Let's turn our eyes to GBPCHF. The pair has been trading within a high timeframe falling channel since March 2021. It now looks like it has reached the support of this channel and we may expect a bounce up from this level. I have considered to go long on this pair for both short and long term targets. I have higher expectation that the pair will reach to the...