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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.
last day's price was strongly moving up and already touching the strong daily resistance area, there's no break the resistance and I assume it will bounce back and broke the uptrend structure, for the uptrend maybe the price will strongly break the resistance area. remember always waiting for breakout + retest + confirmation + money management + psychology. GOOD LUCK
GBP/CHF Signal Market Buy: 1.26800 Stop-Loss: 1.26300 Target 1: 1.27300 Target 2: 1.27900 Stop-Loss: 50 pips Risk: 0,5% Risk-Reward: 2.2
Hello my beauties. I'm taking a look at GBP/CHF, and it seems like a very long term trendline as been broken. The downtrend has also significantly decreased in intensity and impulsivity in the past few years. Since it seems like a very interesting area, we'll be attempting to analyse the pair from a Wyckoff perspective on a Daily/4hrs chart, and see where this...
We could have a possible long on present zone (1.270206 - 1.269164) If not, the 1.268023 - 1.26633
GCHF is the second trade today on my watchlist that presented an entry at 9:15 CAT, this is proving to be an ideal time for A1s. This trade moved 1.94R, almost 2R, but it still wasn't worth taking according to my plan, as it has 2 knocks against it that I don't trade. These being an over extended candle and being inside the Asian Range. Through backtesting these...
GBPCHF is once again testing the resitance of 1.2800, this uptrend has been going for quie a while and its approaching the resistance. If we do close below we can look for opportunities of breaking this uptrend and starting a move to the downside and testing the support at 1.2600, If however we close above the resistance we can look for opportunities of testing...
Gbpchf is expected to buy to D to complete the cypher harmonic pattern
Hi there, GBPCHF is setting up for a massive breakout to the upside, watch the price action at smaller timeframes and buy at the dips Target is 1.37 Good luck
Just a quick look at the AUDNZD 'possible' short scenario and some COT data. Recap on the current GBPCHF long - so far so good. A good start of the month. Have a great rest of the week.
The daily uptrend is pretty well established and price broke above a pretty clean resistance area and then tested the trend line with good rejection. Price broke the prev daily high and closed above the last down candles EQ (50% rea) with what appears to be possible buying Risk is 1%
The pair has taken a bullish order flow in the past weeks breaking previous highs. Let's ride the trend and grab some pips
This was my previous chart, from Aug 19. Same call applies: long
Downward momentum is stalling and GBPCHF can go back above 1.2525 at the close of the week. Good opportunity to go Long below 1.25 levels. Target 35-50 pips.
There's a great chance bulls are going to dominate! More upside movement is expected!