-Respectable ascending TL, retest expected -Previous resistance now acting as support -0.5 fib retracement -MA50 supporting the trend
GBPCHF potentially to go up for +300 pips if the buyer manages to push the price to the 1.2188 resistance level, currently, the price testing minor resistance at 1.1876 **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. ...
GBP/CHF long term move on the up side.. for a +350 Pips move
Hey tradomaniacs, welcome to new free trade-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! GBP/CHF: Daytrade-Preparation Market-Buy: 1,18000 Stop-Loss: 1,17520 Target 1: 1,18505 Target 2: 1,18700 Target 3: 1,18970 Target for One-Target-Trader: 1,18700 Stop-Loss: 48 pips Risk: 0,5% -...
Same trading tactics. Wait for a full candle of break of the red line. Move SL to BE after TP1.
I entered this after Claimant News For My Second Time This Week and Im in really good profits. Im trying something different with this pair! Im going for more than 1000 pips!!!!!!!!! Im trading only at 0.01!!!!!!! Its just something im trying here. I see something similar to a Inverse Head And Shoulders Pattern that looks really weird! I have looked at the...
A breakout above 1.17071 won't indicate a change in direction.
Price has come down aggressively to test the previous resistance level, if we see a clear structure shift we could look for a potential long opportunity, I have marked the level that would need to be broken before I consider any position. According to COT data source - 55% short
if we hold above this level it can go higher from here must have to hold this support or below trend line support for continuation
BREAK AND RETEST IS WHAT IM SEEING FOR THIS PAIR. LETS SEE HOW IT GOES THE CHART TALKS FOR ITSELF
Its looks like it made need to do a small correction sell direction with corrective setps movement before continuing climbing towards Long. We have some bearish divergence on the 1 minute time frame with the MACD crossing above.Its rising in the smooth Uptrend. As the price bounced from the trend line we establish Support zone there and after the bounce from the...