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
IN this update we review the complex corrective cycle, we identify a high probability trade location to play for a 5th wave upside extension
OANDA:GBPCHF So here it is in a long term support zone also candles shows power of buyers in this zone .. Also it can be a trade with good R/R what do you think ?
FX : GBPCHF - 1H / 4H long !!! Following the previous analysis, which had an outstanding performance, this analysis is also presented... The price itself says it all beautifully... Pay attention to the prices indicated in the picture But do not forget about capital management...
GBP/CHF Long Setup Nice buy setup to the red line targets.
1. HTF: Once it breaks the M strong support zone 2. LTF: Has demand zone on M support
GBP - Strong Bullish 1️⃣ BOE official Michael Saunders says investors are entitled to place expectations on faster borrowing costs, while Governor Andrew Bailey warns that inflationary pressures are very worrying unless policymakers take action. 2️⃣ According to a Sky News report on Tuesday, UK Prime Minister Boris Johnson revealed as much as GBP 9.7 billion of...
GBPCHF at strong support zone expecting bullish pressure to next resistant zone
#GBPCHF Long In H1 Time Frame We Are Enter in Buying After Market Opening Clearly Break The Channel Retesting Completed LONG
Great GC idea, could be a beautiful 100pips Long trade just from the POI test
The first equal high wipe wasn't significant enough to cause further collapses so the price has gone for the liquidity again. Now that this is out of the way may see the next leg down. Are you feeling more bearish pressure on this pair? Let me know in the comment section.
Very very small risk here, but I've taken a buy here based on the candle pushing past previous resistance and should it close above the wicks to the left I will be happy to hold. Risk management important as always, watch out for any curveballs thrown and take it easy. It is a FRIDAY and they are always unpredictable.
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We consider buying this GBPCHF pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
Price is currently consolidating, trading between resistance level at 1.28 and found support on major trendline at 1.25 level. The trendline we've found support on hasn't been broken since November 2015, so a good and strong bullish move. Strong level of support can be found on this trendline, retested several times. Unlike last time we've broken this trendline...
Traders are currently net long GBP 31% and 27.60% are short according to the recent cot reports Traders are also 26.5% short on chf , i expect longs to continue, I would only look for buying opportunities Low probability - price will sell from 50% fib level.