After several strong support levels being held on several GBP pairs, GBP/CHF is a perfect example of that. A strong support level being touched after the march lockdown, which was then later again retested and respected. Im looking at the positive channel movement on GBPCHF, and looking for a long term position also. TP1 is a point to move SL to breakeven as there...
gbpchf is heading towards the resistance zone to complite the bearish flag correction patters ready to push down
Welcome to our weekly trade setup ( GBPCHF )! - 1 HOUR Strong bullish reaction above main sr level. 4 HOUR Expecting further upside on gbp! DAILY Overall good long entries, prices low. - FOREX SWING BUY GBPCHF ENTRY LEVEL @ 1.17960 SL @ 1.17330 TP @ 1.18900 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a...
Depending on how this candle closes we might have an opportunity to jump in and go long. 👌 Let's see how it plays out.
Looking for a Bullish breakout on the 4 hour chart on GBPCHF, Very strong support level has shown rejection so potential for reversal. We'll wait and see!
Let's fly and smash out these horrible markets.
Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is not signal. it's my opinion. trade your own risk. and Must Follow Money...
Have at it!! . . Here is the 4hr.;
Hello my friends, Another setup is GBPCHF pairs. I saw a potential for further upside as price just broken above the descending trendline. It is now retesting the trend line and EMA-200 also at the retested area. We could say that this is an area of confluences. All the confirmations needed are also fulfilled so i am taking a buy position on this pair as...
Hello Traders, Here is the Top-Down Analysis of GBPCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Price dropped till monthly support level that has pushed market to the upside in past. W > Price moved up to test the neck and complete M formation. D > We can see an M formation in Daily Chart providing next target. As...
GBPCHF wait for next station 🚀🚀🚀 Now GBPCHF will slow down wait on channel and support line for look entry BUY ❌❌IF BREAK NO TRADE❌❌ Resistance ▶ 1.2xxxx (Target) Entry ▶▶ 1.176xx Goodluck Ton Trader 🟢THAILAND🟢
The Alkaline team got involved in this trade early with a lovely wick entry, we expect much more upside and are considering placing another buy position at this region now.
after the price do correction on the weekly and day and the price break the last resistance and as we see the price retest this eria i think it is time to go buy
Tough market to trade this week, the level of manipulation is out of this world. Im very interested in trading this pair, what I would like to see is a confirmed close below the structure marked to be able to sell it. If we see price shoot to the upside, I will leave this trade untouched. COT Data - 64% Lonf