Trapped in this triangle, if it can break upwards, this range will grow
A Great Month. Last two week it was GU, The remaining week it's GC, wait for 4H confirmation and buy to 1.24000 (Could be an Engulfing, could be anything you Understand to be a GO sign). Good luck
Look at this perfect example of the trendline liquidity manipulation + weekly low and then price is trying to reverse. First of all Market Makers are engineering liquidity what i call making traps in this case trendline that acts as a ,, support ,, then price comes back rejects getting more into longs and then colapse... Remember the price wouldnt go higher or...
Reasons for Buying GBPCHF: 1: Trendline Breakout 2: Key Level Breakout 3: Double Bottom
GBP/CHF - Potential shark pattern forming with the D point landing in a very nice PRZ for the Daily uptrend continuation OR we could see price break through the zone and continue the weekly downtrend, but we've had multiple BOS and bearish momentum to suggest price is heading towards the D point so I've taken a short here and will analyze PA if it reaches the zone...
GBPCHF breached through my 0%, where I entered which is near an liquidity area. 5 pip sl
Expect the price to drop from this area as we have a lot of liquidity on the bulish trendline that was built on the last weeks. What do you think ? Comment below..
In the areas marked with arrows, the trend is specified and you can enter the purchase or sale order
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Looking for buy opportunities as soon as the market opens. Long term buy for the whole of December 2021. Risk small. All the best
The upward movement seems to continue. The first resistance is the price of 1.260
On the 5th of November the pair reached our strong weekly support, level 1.22889. The price failed to go beyond these level but it formed double bottoms as first sign of reversal. A retest of our descending trending line has taken place and bullish confirmation candle printed on 4 hour timeframe. Targets should be placed around level 1.26575 and stop loss at 1.24262.
List of Reasons for potential pull back/mean reversion: 1: The market is over extended and has been moving bearish for almost 3 weeks straight with no pull back. This is more visible on the weekly chart than on the daily chart. 2: The trendline on the daily chart was broken with no retest. 3: Month Support level was broken with no retest around the 1.25***...
Good morning. I decided to a video as there were 4x new trade setups on the Forex Daily time frame from my watch list. You can hear me talk about my thoughts on each setup or you can read my notes on the charts. Enjoy your day all. Cheers.
Hello Traders In last 2 weeks, GBP/CHF suffered a big drop. It seems we already have reached bottom because price is showing us 2 morning star patterns in Daily TF. Also price has broken it downward trendline and formed a Bearish Bat Pattern. RSI is moving up and everything looks fine for retracement. -We will be happy to see your Comments! Thanks for...
Hello traders, GBPCHF is possible to pull back for a correction by testing wkly support with RSI DIV for 160 pips. RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% Your Real Entry Position Will Make Different RR for Your Trade. GOOD LUCK!!! LESS IS MORE!
This is my idea on GBPCHF pair. Expecting price to rise to 1.24846